Marcus Wong

Marcus Wong asked how CBL International is positioned to capture demand from rerouted trade flows, particularly in the Eurasian and Asia-Pacific corridors, given ongoing geopolitical tensions and disruptions in shipping routes like the Red Sea.

Answer

Chairman and CEO Dr. Teck Lim Chia explained that the Red Sea instability led to rerouted vessels via the Cape of Good Hope, increasing fuel consumption and demand at alternative ports. He noted that U.S. trade policy changes also redirected cargo, increasing bunkering demand in Eurasian and Asia-Pacific corridors. CBL's extensive supply network in these regions allowed it to effectively respond to these disruptions, resulting in increased sales volumes in Asia-Pacific and other emerging markets by adapting to changing trade flows and seizing opportunities in new routes.

Marcus Wong from Hensan Bank asked how CBL International is positioned to capitalize on demand from rerouted trade flows in the Eurasian and Asia-Pacific corridors due to geopolitical tensions.

Answer

Dr. Teck Lim Chia, Chairman and CEO, explained that CBL International is well-positioned due to its extensive supply network in the Eurasian and Asia-Pacific regions. The Red Sea rerouting and U.S. trade policy shifts increased fuel consumption and demand at alternative ports, which CBL effectively met, resulting in increased sales volumes in these key corridors.

Marcus Wong from Hang Seng Bank asked how CBL International is positioned to capture demand from rerouted trade flows, particularly in the Eurasian and Asia-Pacific corridors, given ongoing geopolitical tensions and shipping disruptions.

Answer

Dr. Teck Lim Chia, Chairman and CEO, explained that CBL International is capitalizing on increased fuel consumption from Red Sea reroutes via the Cape of Good Hope, which extend Europe-Asia voyages. He also noted that U.S. trade policy changes in April 2025 redirected cargo, increasing demand for bunkering services in Europe-Asia and Intra-Asia corridors. CBL's extensive supply network in these regions allows it to meet these additional requirements, resulting in increased sales volumes in Asia-Pacific and other emerging markets.