CBL International Ltd. Expands Global Service Network and Reports Sales Growth Amid Market Challenges
HYDROGEN
CBL International Ltd. achieved a 9.8% growth in sales volume in the first half of 2025, despite facing challenging market conditions. The company expanded its global service network to 65 ports, an 81% increase since its 2023 IPO.
Non-container liner sales now represent 36.9% of revenue, and biofuel sales surged by 154.7%. While revenue decreased by 4.4% primarily due to falling marine fuel prices, operating expenses were reduced by 17%. CBL reported a narrowed net loss of 38.8% year-on-year, navigating geopolitical disruptions and competition in the shipping industry.
Sep 19, 2025, 8:10 AM