CBL International Limited (BANL) has released an update.
Banle Energy International Limited, a subsidiary of Banle Group, celebrates a landmark achievement in their maritime services by providing their first B24 biofuel bunkering service to Tata Steel’s successful voyage from Gladstone to Paradip, in collaboration with Cargill. The venture signifies Banle’s commitment to alternative fuel solutions and decarbonization efforts in the Asia Pacific’s maritime industry. This initiative is expected to enhance the energy efficiency and carbon footprint of shipping vessels, aligning with international measures for reducing carbon emissions.
For further insights into BANL stock, check out TipRanks’ Stock Analysis page.
