BUSINESS

BANLE GROUP COMPLETES BUNKERING SERVICE AT INDIA’S MUNDRA PORT

22/07/2024 12:32 PM

KUALA LUMPUR, July 22 (Bernama) -- CBL International Limited (CBL), the listing vehicle of Banle Group (Banle), recently completed its inaugural bunkering service at Mundra Port, Gujarat, one of India's largest and most strategically important ports.

According to a statement, this achievement marks a significant step forward in Banle's expansion strategy and underscores its commitment to enhancing operational capabilities and market presence in key global regions.

“We are thrilled to include our operations into the Indian market with our inaugural bunkering service at Mundra Port. This achievement reflects our strategic vision and dedication to growth in key regions.

“We look forward to building on this success and enhancing our service offerings to meet the evolving needs of our global clients,” said Banle Chairman & Chief Executive Officer, Teck Lim Chia.

Renowned for its pivotal role in India's maritime logistics, Mundra Port serves as a critical export-import gateway, facilitating approximately 33 per cent of India's container traffic with its advanced infrastructure, including the capability to handle large vessels.

The successful bunkering service provided to a global integrated logistics and shipping company at Mundra Port highlights the group’s operational excellence and commitment to delivering high-quality services in key strategic locations.

Establishing a footprint in India's rapidly growing maritime market enhances Banle's ability to expand network and increase market share, whereby the successful operation at Mundra Port strengthens relationships with key clients, driving sustainable growth.

-- BERNAMA

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