HONG KONG, May 16 (Bernama-GLOBE NEWSWIRE) — On May 13, 2024, Banle Energy International Limited, a Hong Kong subsidiary of the Banle Group (NASDAQ: BANL), a reputable marine fuel logistic company in the Asia Pacific region, announced its expansion into Mauritius, marking the company’s first foray into the African continent. This strategic move marks an expansion of BANL’s presence in a new continent and underscores its commitment to enhance the Company’s regional presence and accelerates its growth trajectory.
The port of Port Louis, where the bunkering service was arranged, serves as a vital gateway for trade and commerce in Mauritius. It plays a crucial role in handling a substantial portion of the country’s imports and exports, facilitating both domestic and international trade connections with various destinations across the globe, enabling BANL to reach a wider audience and drive market penetration effectively.