UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
6-K
REPORT
OF FOREIGN PRIVATE ISSUER
PURSUANT
TO RULE 13a-16 OR 15d-16
UNDER
THE SECURITIES EXCHANGE ACT OF 1934
For
the month of July 2023
Commission
File Number: 001-41657
CBL
INTERNATIONAL LIMITED
(Registrant’s
Name)
Suite
19-9-6, Level 9, UOA Centre
No.
19 Jalan Pinang
50450
Kuala Lumpur
Malaysia
(Address
of Principal Executive Offices)
Indicate
by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form
20-F ☒ Form 40-F ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate
by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
EXHIBITS
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned, thereunto duly authorized.
|
CBL
International Limited |
|
|
|
|
By: |
/s/
Teck Lim Chia |
|
Name:
|
Teck
Lim Chia |
Date:
July 14, 2023 |
Title: |
Chief
Executive Officer |
Exhibit 99.1
CBL
INTERNATIONAL LIMITED
(Incorporated
in Cayman Islands with limited liabilities)
BANLE
ENERGY LAUNCHES ITS FIRST BIOFUEL BUNKERING OPERATION IN HONG KONG
Hong
Kong July 14, 2023 (GLOBE NEWSWIRE) – On July 14, 2023, Banle Energy International Limited, a subsidiary of CBL International
Limited (NASDAQ: BANL) (the “Company”), partnering with ASB Biodiesel (Hong Kong) Limited and Seven Seas Oil (Hong Kong)
Limited completed our very first B24 biofuel bunkering operation in Hong Kong, with Saybolt as an international independent inspection
and testing service provider to monitor the whole process in order to ensure both quality and quantity.
Our
Company has taken the initiative to support our efforts towards the 2023 IMO Greenhouse Gas Strategy (the “Strategy”), which
was adopted at the Marine Environment Protection Committee (MEPC 80) in early July. The Strategy sets ambitious targets for the shipping
industry to reduce the total annual greenhouse gas (“GHG”) emissions from international shipping by at least 20% and 70%,
with a goal of achieving 30% and 80% by 2030 and 2040 respectively, compared to 2008 levels. In line with our direction focusing on ESG,
we are committed to promote Biofuel, an ESG related product, in an effort to reduce GHG emissions.
Biofuels
are being promoted as one of the low-carbon alternatives to the existing fossil oils as they could help to reduce GHG emissions and the
related climate change impact from the shipping industry.
A
proactive culture is part of our DNA, even back in 2019, our Company was one of the first movers in promoting and supplying very low
sulphur fuel oil (VLSFO) to our clients, ahead of the “IMO 2020” regulation that was implemented in 2020. Today, we again
have taken the initiative in introducing B24 biofuel bunkering in Hong Kong.
Teck
Lim Chia, our Chief Executive Officer and Chairman, said: “B24 biofuel bunkering operation in Hong Kong is a significant step forward
for our contribution of environmental sustainability and for the shipping industry’s efforts to reduce carbon emissions. This sets
the stage for the Hong Kong bunkering industry to use biofuels as a means to play its part for decarbonization.”
#
END #
BANLE
ENERGY LAUNCHES ITS FIRST BIOFUEL BUNKERING OPERATION IN HONG KONG / Page 2
Photo
Caption
Biofuel
delivered to a tanker at terminal.
About
CBL International Limited
Established
in 2015, CBL International Limited (NASDAQ: BANL) is the listing vehicle of Banle Group, an established marine fuel logistic company
in Asia Pacific providing customers with one stop solution for vessel refuelling. The main market of Banle Group is the Asia Pacific
market with business activities taking place in the major ports of Japan, Korea, China, Hong Kong, Taiwan, Vietnam, Malaysia, Singapore,
Thailand, and other countries like Turkey, Belgium.
Forward-Looking
Information and Statements
Certain
statements in this announcement are forward-looking statements, by their nature, subject to significant risks and uncertainties. These
forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations
and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy
and financial needs, including the expectation that the offering will be successfully completed. Investors can identify these forward-looking
statements by words or phrases such as “may,” “could,” “will,” “should,” “would,”
“expect,” “plan,” “intend,” “anticipate,” “believe,” “estimate,”
“predict,” “potential,” “project” or “continue” or the negative of these terms or other
comparable terminology. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent
occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that
the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages
investors to review other factors that may affect its future results in the Company’s registration statement and other filings
with the SEC.
For
more information, please contact:
CBL
International Limited
Email:
investors@banle-intl.com
Grafico Azioni CBL (NASDAQ:BANL)
Storico
Da Mag 2024 a Giu 2024
Grafico Azioni CBL (NASDAQ:BANL)
Storico
Da Giu 2023 a Giu 2024