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 2024
Commission
File Number: 001-41657
CBL
INTERNATIONAL LIMITED
(Registrant’s
Name)
Level
23-2, Menara Permata Sapura
Kuala
Lumpur City Centre
50088
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 19, 2024 |
Title: |
Chief
Executive Officer |
Exhibit
99.1
Press
Release
For
immediate release
CBL
INTERNATIONAL LIMITED
(Incorporated
in Cayman Islands with limited liabilities)
(NASDAQ:
BANL)
Banle
Group Makes Strategic Entry into India with Successful Inaugural Bunkering Service at Mundra Port
Hong
Kong July 19, 2024 (GLOBE NEWSWIRE) – CBL International Limited (the “Company” or “CBL”) (NASDAQ:
BANL), the listing vehicle of Banle Group (“Banle” or “the Group”), a reputable marine fuel logistic company
in the Asia-Pacific region, today announced the successful completion of its inaugural bunkering service in India on July 11. This landmark
operation was conducted at Mundra Port, Gujarat, one of India’s largest and most strategically important ports. This achievement
marks a significant step forward in Banle’s expansion strategy and underscores its commitment to enhancing operational capabilities
and market presence in key global regions.
Strategic
Importance of Mundra Port
Mundra
Port is renowned for its pivotal role in India’s maritime logistics, handling over 155 million metric tonnes (MT) of cargo as of
November 2023, the highest in India. The port serves as a critical export-import gateway, facilitating approximately 33% of India’s
container traffic. Its advanced infrastructure, including the capability to handle large vessels, positions it as a crucial hub for seaborne
trade and economic growth, aligning with India’s ambition to become a $5 trillion economy by 2025.
Operational
Details
The
successful bunkering service provided to a global integrated logistics and shipping company at Mundra Port highlights Banle’s operational
excellence and commitment to delivering high-quality services in key strategic locations.
Positive
Operational Impact
This
milestone is expected to have a positive impact on Banle’s operational performance. Establishing a footprint in India’s rapidly
growing maritime market enhances Banle’s ability to expand network and increase market share. The successful operation at Mundra
Port strengthens relationships with key clients, driving sustainable growth.
“We
are thrilled to include our operations into the Indian market with our inaugural bunkering service at Mundra Port. This achievement reflects
our strategic vision and dedication to growth in key regions,” said Mr. Teck Lim Chia, Chairman & CEO of Banle Group.
“We look forward to building on this success and enhancing our service offerings to meet the evolving needs of our global clients.”
About
the Banle Group
Established
in 2015, CBL International Limited (Nasdaq: BANL) is the listing vehicle of Banle Group, a reputable marine fuel logistic company in
the Asia Pacific region. We are committed to providing customers with one-stop solution for vessel refuelling. Banle Group’s business
activities are primarily focused in over 55 major ports covering Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius,
Singapore, Taiwan, Thailand, Turkey and Vietnam, as of 15 May 2024. The Group actively promotes the use of alternative fuels and is awarded
with the ISCC EU and ISCC Plus certifications.
For
more information about our company, please visit our website at: https://www.banle-intl.com.
Forward-Looking
Statements
Certain
statements in this announcement are not historical facts but are forward-looking statements. Forward-looking statements generally are
accompanied by words such as “believe,” “may,” “could,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “expect,” “plan,” “should,”
“would,” “plan,” “future,” “outlook,” “potential,” “project”
and similar expressions that predict or indicate future events or trends or that are not statements of historical matters, but the absence
of these words does not mean that a statement is not forward-looking. These forward-looking statements include, but are not limited to,
statements regarding estimates and forecasts of other performance metrics and projections of market opportunity. They involve known and
unknown risks and uncertainties and are based on various assumptions, whether or not identified in this press release and on current
expectations of BANL’s management and are not predictions of actual performance. These forward-looking statements are provided
for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as, a guarantee, an assurance,
a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict
and will differ from assumptions. Many actual events and circumstances are beyond the control of BANL. Some important factors that could
cause actual results to differ materially from those in any forward-looking statements could include changes in domestic and foreign
business, market, financial, political and legal conditions. 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
Strategic
Financial Relations Limited
Shelly
Cheng |
Tel:(852)
2864 4857 |
Iris
Au Yeung |
Tel:(852)
2114 4913 |
Email:
sprg_cbl@sprg.com.hk
Grafico Azioni CBL (NASDAQ:BANL)
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