CBL International (BANL) Lytham Partners Spring 2025 Investor Conference summary

Business model and operations

• Marine fuel logistics provider serving vessel refueling needs at over 60 major ports across four continents, focusing on operational reliability and environmental standards.

• Offers one-stop solutions for both fossil and biofuels, with a strong presence in Asia-Pacific and a 36% market share in Singapore's bunkering market.

• Coordinates with local suppliers, optimizes procurement, and leverages an extensive supply network.

Sustainability and fuel mix strategy

• Biofuel sales surged 628% in the last fiscal year, with a focus on expanding B24 and B30 biofuels and exploring methanol and LNG.

• Secured ISCC EU and ISCC PLUS certifications to ensure compliance with EU sustainability standards.

• Plans to capitalize on a projected 50.4% growth in the global green marine fuel market over the next 5-10 years.

Market expansion and customer segments

• Expanded into new ports in Mauritius, Panama, and India in 2024, enhancing global reach and servicing nine of the world's top 12 container liner companies.

• European expansion supported by an office in Ireland and a stronger presence in the ARA region.

• Bulk carriers and oil tankers now contribute 45% of revenue, up from 32% in 2023, reflecting diversification beyond container liners.