CBL International Limited Acquires Majority Stake in Green Marine Energy Holdings Limited

Kuala Lumpur, Apr 22, 2026 – (ACN Newswire)— CBL International Limited (NASDAQ: BANL) (“CBL” or the “Company”), a Nasdaq-listed marine fuel logistics and bunkering facilitator of Banle Group (“Banle” or “the Group”) concentrated on the Asia-Pacific area, today revealed the acquisition of a 50.5% bulk stake in Green Marine Energy Holdings Limited (“GMH”), a British Virgin Islands included business. The deal will be carried out by CBL’s wholly-owned subsidiary, which has actually signed the Share Sale and Purchase Agreement (the “SPA”) as the purchaser. To support the deal, CBL will offer a business assurance to the sellers, protecting the payment commitments of its subsidiary.

GMH runs 2 complementary companies in Malaysia: feedstock trading for sustainable air travel fuel (SAF) and biofuels, and ship biofuel supply together with conventional bunkering services. The feedstock trading arm holds the needed licenses to source and trade basic materials utilized in SAF and biofuel production, supported by a recognized network of providers and clients. Its bunkering operations consist of a license to provide both standard bunker fuel and biofuels within Malaysian waters.

This tactical financial investment lines up with growing international focus on ecological, social, and governance (ESG) factors to consider and developing regulative requirements in the maritime and air travel sectors. CBL’s funds and functional competence in marine fuel logistics are anticipated to support GMH’s growth, matching it to scale its feedstock trading activities and check out chances to provide SAF-related manufacturers in Malaysia.

Malaysia is seeing increased financial investment in sustainable fuel facilities, with brand-new commercial-scale SAF production centers opening and prepared in the nation. These advancements even more highlight the capacity for feedstock need in the area.

In the bunkering sector, GMH’s license positions the combined group to establish conventional and biofuel bunkering supply abilities at essential Malaysian ports, consisting of Port Klang– among the world’s leading 10 ports by throughput. This constructs on CBL’s existing bunkering assistance services and supports the market’s shift towards lower-carbon marine fuels.

Dr. Teck Lim Chia, Chairman and Chief Executive Officer of CBL, commented: “This acquisition represents a measured action to widen our existence in the sustainable energy supply chain while leveraging our core strengths in marine fuel services. We anticipate dealing with the GMH group to support the accountable development of these companies in line with market advancements.”

The deal is anticipated to improve CBL’s long-lasting positioning in the developing marine and energy sectors without modifying the Company’s main concentrate on its recognized bunkering assistance activities.

About the Banle Group

CBL International Limited (Nasdaq: BANL) is the listing automobile of Banle Group, a reliable marine fuel logistic business based in the Asia Pacific area that was developed in 2015. We are dedicated to offering clients with one-stop service for vessel refueling, which is described as bunkering facilitator in the bunkering market. We help with vessel refueling primarily through regional physical providers in over 70 significant ports covering Australia, Belgium, China, Hong Kong, India, Japan, Korea, Malaysia, Mauritius, Netherlands, Panama, the Philippines, Singapore, Taiwan, Thailand, Turkey and Vietnam, since 17 April, 2026. The Group actively promotes using sustainable fuels and is granted with the ISCC EU and ISCC Plus accreditations, in addition to EcoVadis Silver Medal.

For additional information about our business, please visit our site at: https://www.banle-intl.com.

Positive Statements

Particular declarations in this statement are not historic realities however are positive declarations. Positive declarations typically are accompanied by words such as “think,” “may,” “could,” “will,” “quote,” “continue,” “prepare for,” “plan,” “anticipate,” “strategy,” “should,” “would,” “future,” “outlook,” “prospective,” “job” and comparable expressions that forecast or suggest future occasions or patterns or that are not declarations of historic matters, however the lack of these words does not imply that a declaration is not positive. These positive declarations consist of, however are not restricted to, declarations relating to quotes and projections of other efficiency metrics and forecasts of market chance. They include recognized and unidentified dangers and unpredictabilities and are based upon numerous presumptions, whether determined in this news release and on present expectations of BANL’s management and are not forecasts of real efficiency. These positive declarations are attended to illustrative functions just and are not meant to work as and need to not be counted on by any financier as, an assurance, a guarantee, a forecast or a conclusive declaration of reality or possibility. Real occasions and scenarios are hard or difficult to anticipate and will vary from presumptions. Lots of real occasions and scenarios are beyond the control of BANL. Some essential elements that might trigger real outcomes to vary materially from those in any positive declarations might consist of modifications in domestic and foreign organization, fuel rates and tariffs, market, monetary, political and legal conditions. The Company carries out no commitment to upgrade or modify openly any positive declarations to show subsequent taking place occasions or scenarios, or modifications in its expectations, other than as might be needed by law. The Company thinks that the expectations revealed in these positive declarations are sensible, it can not guarantee you that such expectations will turn out to be right, and the Company warns financiers that real outcomes might vary materially from the prepared for outcomes and motivates financiers to evaluate other elements that might impact its future outcomes in the Company’s registration declaration and other filings with the SEC.

CBL INTERNATIONAL LIMITED
(Incorporated in Cayman Islands with minimal liabilities)

To learn more, please contact:
CBL International Limited
Email: investors@banle-ntl.com

Subject: Press release summary