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 28, 2023 |
Title: |
Chief
Executive Officer |
Exhibit
99.1
Press
Release
For
immediate release
CHART
THE PATH TOWARDS A BRIGHTER FUTURE
Hong
Kong July 28, 2023 (GLOBE NEWSWIRE) – CBL International Limited (Nasdaq: BANL) are thrilled to share with you a few milestones
we have reached since the beginning of this year, which not only demonstrated CBL’s ability to ramp up its capacity but also our
commitments to the sustainable development.
In
the second quarter of 2023, we further extended our footholds in Antwerp in Belgium, Istanbul in Turkey, and Yokkaichi in Japan. This
strategic move brings CBL’s services to over 40 ports and opens up the European market, providing flexibility to our customers.
This
is in line with our expansion plan, as outlined in the prospectus, which aims to increase our presence in the international markets with
the objective of maximizing our scale of operations and profitability.
Our
accomplishments also include notable sustainable initiatives. In the third quarter of 2023, we collaborated with our business partners
to deliver our very first B24 biofuel bunkering order in Hong Kong. This was a significant step towards achieving the 2023 IMO Strategy,
which was adopted at the Maritime Environment Protection (MEPC 80) conference.
Chairman
and CEO, Mr William Chia said, “We take immense pride in our unwavering commitment to environmental sustainability and our efforts
to make a positive impact on the shipping industry in Hong Kong. As part of our ESG initiatives, we are steadfastly devoted to reducing
greenhouse gas (GHG) emissions in line with the IMO's targets and have implemented in-house GHG management measures.” To further
promote clean energy technology, CBL has obtained ISCC EU and ISCC Plus certificates from Bureau Veritas, which certify its compliance
with all necessary requirements and authorize the company to trade biofuel within the supply chain.
Through
these efforts, we pledge a continued commitment to promoting sustainable practices within the marine industry as a key player in the
sector. We are confident that our progress thus far will continue to bring positive change and yield benefits to our company, our stakeholders,
and the environment.
-
End -
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.
CBL
INTERNATIONAL LIMITED
(Incorporated
in Cayman Islands with limited liabilities)
For
more information, please contact:
CBL
International Limited
Email:
investors@banle-intl.com
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