Belize flag, 2025
Ships whose port of registry belongs to Belize, as estimated from the THETIS-MRV reports for 2025, and the companies operating them. Each company counts only its ships under this flag.
At a glance
Ships
37
reporting to EU MRV
Emitted
54,275 t
CO₂, all ships under the flag
EU ETS allowances due
€748k
9,973 t of allowances at the chosen price
Largest operator: GMZ SHIPMANAGEMENT CO.(HELLAS).SA
€157k
4 ships, 21% of the flag's allowances
Ship types under this flag
CO₂ by segment.
- Offshore21,959 t
- Bulk carrier19,406 t
- General cargo7,293 t
- Chemical tanker5,258 t
- Container359 t
- Oil tanker0 t
Companies by EU ETS cost
The 27 operators with most EU ETS allowances due for their Belize-flagged ships in 2025. Companies of one group are summed, as on the compare page; their ships under other flags are not counted here.
| # | Operator | Main segment | Shipsunder Belize | CO₂emitted, total | AllowancesEU ETS cost | vs segment medianlower is better | vs similar-size shipssame segment, lower is better |
|---|---|---|---|---|---|---|---|
| 1 | GMZ SHIPMANAGEMENT CO.(HELLAS).SA | Bulk carrier | 4 | 5,716 t | €157k | – | – |
| 2 | Sonar Ships Management Co. | Bulk carrier | 1 | 2,898 t | €87k | – | – |
| 3 | Prelude Marine S.A. | Bulk carrier | 1 | 1,775 t | €59k | – | – |
| 4 | MERRY ENTERPRISES DENIZCILIK SANAYI VE TICARET LTD STI | Bulk carrier | 2 | 2,087 t | €59k | – | – |
| 5 | eastern star shipping | Bulk carrier | 1 | 2,067 t | €59k | – | – |
| 6 | Delta Agence LLC | General cargo | 1 | 1,918 t | €56k | – | – |
| 7 | Ocean Summit Shipping SA | Bulk carrier | 1 | 1,924 t | €52k | – | – |
| 8 | Neapoli Shipping Ltd | Bulk carrier | 1 | 1,580 t | €50k | – | – |
| 9 | FIRST SHIP MANAGEMENT CO. | General cargo | 1 | 1,251 t | €45k | – | – |
| 10 | GMZ SHIP MANAGEMENT CO. S.A. | Bulk carrier | 4 | 1,018 t | €30k | – | – |
| 11 | Ngol Okavango Ltd | Chemical tanker | 1 | 5,258 t | €28k | – | – |
| 12 | Cedar Marine Services SAL | General cargo | 1 | 447 t | €16k | – | – |
| 13 | Marlinship Management Ltd | General cargo | 1 | 492 t | €14k | – | – |
| 14 | Dandiship OU | Container | 1 | 359 t | €12k | – | – |
| 15 | Reform Shipping SA | General cargo | 1 | 235 t | €11k | – | – |
| 16 | Unifleet Management Co SA | Bulk carrier | 1 | 341 t | €10k | – | – |
| 17 | EGE SHIP DENIZCILIK SANAYI TICARET LIMITED SIRKETI | General cargo | 1 | 182 t | €5k | – | – |
| 18 | NS HOLLAND SHIPHOLDING LTD | General cargo | 1 | 310 t | €0 | – | – |
| 19 | TEMEL KUM CAKIL VE INSAAT | General cargo | 1 | 353 t | €0 | – | – |
| 20 | OLZA SHIPHOLDING LTD | General cargo | 1 | 719 t | €0 | – | – |
| 21 | Singapore Strait Shipping Pte Ltd | Oil tanker | 1 | 0 t | €0 | – | – |
| 22 | NS PRIDE SHIPHOLDING LTD | General cargo | 1 | 1,386 t | €0 | – | – |
| 23 | Hiroki Ship Management LTD | Bulk carrier | 1 | 0 t | €0 | – | – |
| 24 | FILONOS SHIPPING S.A. | General cargo | 1 | 0 t | €0 | – | – |
| 25 | UNIMOR SHIPPING AGENCY VARNA LTD | Bulk carrier | 1 | 0 t | €0 | – | – |
| 26 | Saroza Inc | Offshore | 4 | 21,959 t | €0 | – | – |
| 27 | Rozana maritime ltd. | Bulk carrier | 1 | 0 t | €0 | – | – |
Show by ISM company (DoC holder) instead of group
| # | Operator | Main segment | Shipsunder Belize | CO₂emitted, total | AllowancesEU ETS cost | vs segment medianlower is better | vs similar-size shipssame segment, lower is better |
|---|---|---|---|---|---|---|---|
| 1 | GMZ SHIPMANAGEMENT CO.(HELLAS).SA | Bulk carrier | 4 | 5,716 t | €157k | – | – |
| 2 | Sonar Ships Management Co. | Bulk carrier | 1 | 2,898 t | €87k | – | – |
| 3 | Prelude Marine S.A. | Bulk carrier | 1 | 1,775 t | €59k | – | – |
| 4 | MERRY ENTERPRISES DENIZCILIK SANAYI VE TICARET LTD STI | Bulk carrier | 2 | 2,087 t | €59k | – | – |
| 5 | eastern star shipping | Bulk carrier | 1 | 2,067 t | €59k | – | – |
| 6 | Delta Agence LLC | General cargo | 1 | 1,918 t | €56k | – | – |
| 7 | Ocean Summit Shipping SA | Bulk carrier | 1 | 1,924 t | €52k | – | – |
| 8 | Neapoli Shipping Ltd | Bulk carrier | 1 | 1,580 t | €50k | – | – |
| 9 | FIRST SHIP MANAGEMENT CO. | General cargo | 1 | 1,251 t | €45k | – | – |
| 10 | GMZ SHIP MANAGEMENT CO. S.A. | Bulk carrier | 4 | 1,018 t | €30k | – | – |
| 11 | Ngol Okavango Ltd | Chemical tanker | 1 | 5,258 t | €28k | – | – |
| 12 | Cedar Marine Services SAL | General cargo | 1 | 447 t | €16k | – | – |
| 13 | Marlinship Management Ltd | General cargo | 1 | 492 t | €14k | – | – |
| 14 | Dandiship OU | Container | 1 | 359 t | €12k | – | – |
| 15 | Reform Shipping SA | General cargo | 1 | 235 t | €11k | – | – |
| 16 | Unifleet Management Co SA | Bulk carrier | 1 | 341 t | €10k | – | – |
| 17 | EGE SHIP DENIZCILIK SANAYI TICARET LIMITED SIRKETI | General cargo | 1 | 182 t | €5k | – | – |
| 18 | NS HOLLAND SHIPHOLDING LTD | General cargo | 1 | 310 t | €0 | – | – |
| 19 | TEMEL KUM CAKIL VE INSAAT | General cargo | 1 | 353 t | €0 | – | – |
| 20 | OLZA SHIPHOLDING LTD | General cargo | 1 | 719 t | €0 | – | – |
| 21 | Singapore Strait Shipping Pte Ltd | Oil tanker | 1 | 0 t | €0 | – | – |
| 22 | NS PRIDE SHIPHOLDING LTD | General cargo | 1 | 1,386 t | €0 | – | – |
| 23 | Hiroki Ship Management LTD | Bulk carrier | 1 | 0 t | €0 | – | – |
| 24 | FILONOS SHIPPING S.A. | General cargo | 1 | 0 t | €0 | – | – |
| 25 | UNIMOR SHIPPING AGENCY VARNA LTD | Bulk carrier | 1 | 0 t | €0 | – | – |
| 26 | Saroza Inc | Offshore | 4 | 21,959 t | €0 | – | – |
| 27 | Rozana maritime ltd. | Bulk carrier | 1 | 0 t | €0 | – | – |
- Allowances :
- EU ETS allowances due for the year, at the chosen price.
- vs segment median :
- CO₂ per transport work against the median segment ship. Below 0% is better.
- vs similar-size ships :
- CO₂ per transport work of the median ship, against the median ship of the same size band in its segment (whole segment where the segment has no size bands). Below 0% is better.
EU ETS allowances are not a tax: companies buy and surrender one allowance per tonne of CO₂ in scope. Figures use the 2025 phase-in share and an EUA price of €75 per tonne, which the commercial view lets you change. The flag is estimated from the port of registry; see the Flags page.