Shenzhen, China | December 30, 2025 – In a major step for China’s “Green Port” initiatives, CBL International Limited (NASDAQ: BANL), the listed entity of Banle Group, has successfully facilitated the first-ever Liquefied Natural Gas (LNG) bunkering operation at Xiaomo Port.
The operation, completed on December 30, 2025, served a vessel owned by electric vehicle (EV) giant BYD. This inaugural service was made possible through a strategic collaboration with China National Offshore Oil Corporation (CNOOC), acting as the physical supplier.
A Strategic Leap into Sustainable Fuels
For CBL International, the operation marks a critical diversification of its service portfolio. While the company has built a strong reputation in the biofuels sector, this move into LNG physical facilitation signals a broader ambition to become a comprehensive marine energy partner.
The shift toward LNG is driven by both economic and environmental incentives:
- Emissions Reduction: LNG provides a near-zero output of sulfur oxides (SOx) and particulate matter, while reducing greenhouse gas (GHG) emissions by approximately 20%.
- Cost Efficiency: Current market estimates suggest LNG can lower fuel costs by 25%–30% compared to traditional distillates.
- Regulatory Compliance: The initiative aligns with the FuelEU Maritime mandates and the IMO 2030 targets, which have intensified pressure on shipowners to adopt cleaner energy since the start of 2026.
“This is a strategic step in our journey to become a comprehensive marine energy services partner,” said Dr. Teck Lim Chia, Chairman and CEO of CBL International. “We are grateful to BYD and CNOOC for their trust and collaboration.”
Supporting BYD’s “Green Voyage” Strategy
The bunkering at Xiaomo Port is specifically tailored to support BYD’s rapidly expanding car carrier fleet. As Chinese EV exports surge, BYD has moved to secure its own logistics chain, deploying advanced LNG-powered Pure Car and Truck Carriers (PCTCs) like the BYD Explorer No.1.
Xiaomo Port, located in the Shenshan Special Cooperation Zone, is being developed as a premier hub for automotive exports. By establishing LNG bunkering capabilities locally, CBL International is helping transform the port into a “one-stop” green gateway for China’s new energy vehicle industry.
About the Banle Group (CBL International)
CBL International Limited (Nasdaq: BANL) is the listing vehicle for Banle Group, a prominent marine fuel logistics provider established in 2015. Operating as a specialized bunkering facilitator in the Asia-Pacific region, the Group offers a “one-stop” vessel refueling solution, streamlining complex fuel logistics for a global clientele that includes nine of the world’s top twelve container liner companies.
The Group’s extensive network covers 65 major ports across 15 countries and territories, including strategic hubs in China, Singapore, Japan, Belgium, and Panama. Committed to the maritime energy transition, Banle Group actively promotes the adoption of sustainable fuels and holds prestigious ISCC EU and ISCC Plus certifications. Its dedication to ESG standards is further evidenced by its EcoVadis Silver Medal, positioning the company as a trusted partner in the evolving global marine fuel landscape.
Source: Banle Group