TendieTensor TendieTensor
You’re browsing as
Guest
Free Preview
Sign in/sign up to unlock all features.

News  ›  GlobeNewswire Inc.

CBL International Facilitates Xiaomo Port's First LNG Bunkering for BYD in Shenzhen

GlobeNewswire Inc. Logo GlobeNewswire Inc. By Cbl International Limited
CBL International Facilitates Xiaomo Port's First LNG Bunkering for BYD in Shenzhen

CBL International Limited announced the completion of Xiaomo Port's first LNG bunkering operation serving BYD in Shenzhen, in collaboration with CNOOC. The operation supports maritime decarbonization efforts, with LNG capable of reducing greenhouse gas emissions by approximately 20% and lowering fuel costs by 25%-30%. This milestone diversifies CBL's revenue streams and expands its sustainable fuel offerings.

Insights
BVNRY   neutral

The leadership transition appears orderly and strategic, with a smooth handover from Debruyne to Eberhard, maintaining continuity and stability in the company's governance


BYDDY   positive

BYD is advancing its maritime decarbonization strategy by utilizing LNG bunkering services, aligning with global environmental regulations and reducing operational fuel costs by 25%-30%.