CBL International Limited is a marine fuel logistics company that facilitates vessel refueling by purchasing fossil fuels and alternative fuels such as biofuel and liquefied natural gas from suppliers and arranging delivery to shipping customers across multiple ports worldwide. The company serves container liners, bulk carriers, and oil and gas tankers, operating on a cost-plus pricing model where it earns margins between fuel purchase and selling prices, functioning as a demand aggregator that consolidates customer requirements to negotiate favorable bulk-purchase terms with suppliers. Its competitive advantages include an extensive supply network spanning ports across major global container hubs in Asia Pacific, Europe, Australia, Africa, and Central America, effective treasury management and working capital optimization, and a capital-efficient operating model that minimizes fixed asset investment by leveraging third-party supplier relationships.
| USD millions | FY2025 |
|---|---|
| Revenue | 538 |
| Net Income | -3 |