Question · Q2 2025
Hu Guangyi asked about CBL International's most significant growth achievement in the first half of 2025, how the company produced these results, the challenges faced, and how CBL overcame them.
Answer
Chairman and CEO Dr. Teck Lim Chia explained that the most significant achievement was the rapid and strategic expansion of CBL's global service network from 36 ports in 2023 to 65 ports by H1 2025, driven by an asset-light model, targeting high-demand ports, strengthening partnerships, and customer diversification into bulk carriers and tankers. He noted that CBL navigated geopolitical disruptions, oil price fluctuations, and competition by leveraging its agile structure, scalable supply partnerships, and early investment in biofuel capabilities (ISCC certifications), turning challenges into differentiators.