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Navalyze · Flags · Latvia

Latvia flag, 2025EU/EEA

Ships whose port of registry belongs to Latvia, as estimated from the THETIS-MRV reports for 2025, and the companies operating them. Each company counts only its ships under this flag.

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At a glance

Ships
38
reporting to EU MRV
Emitted
121,313 t
CO₂, all ships under the flag
EU ETS allowances due
€3.6m
47,796 t of allowances at the chosen price
Largest operator: Baltnautic
€1.9m
13 ships, 52% of the flag's allowances

Ship types under this flag

CO₂ by segment.

  • General cargo63,083 t
  • Container30,419 t
  • Ro-pax20,576 t
  • Gas carrier (LPG)4,832 t
  • Other2,404 t

Companies by EU ETS cost

The 15 operators with most EU ETS allowances due for their Latvia-flagged ships in 2025. Companies of one group are summed, as on the compare page; their ships under other flags are not counted here.

#OperatorMain segmentShipsunder LatviaCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1Baltnautic(2 companies)Container1345,720 t€1.9m+99%+80%
2HT Shipmanagement SIARo-pax116,565 t€630k––
3HT Shipmanagement OURo-pax14,011 t€211k––
4MS "Delfin" GmbH & Co. KGGeneral cargo12,895 t€139k––
5Baltic Forest Line MS "Baltic Sailor" Schiffahrtsgesellschaft mbH & Co. KGGeneral cargo12,481 t€130k––
6MS "Capella" GmbH & Co. KGGeneral cargo12,485 t€127k––
7SIA TB Marine Shipmanagement (Riga)Gas carrier (LPG)14,832 t€89k––
8Baltic Forest Line MS "Baltic Carrier" Schiffahrtsgesellschaft mbH & Co. KGGeneral cargo11,987 t€88k––
9Baltic Forest Line MS "Baltic Merchant" Schiffahrtsgesellschaft mbH & Co. KGGeneral cargo12,025 t€87k––
10ARJUVE 2024 SASGeneral cargo11,883 t€81k––
11dship Carriers GmbH & Co. KGGeneral cargo11,697 t€74k––
12EMS Shipmanagement GmbH & Co. KGGeneral cargo711,769 t€72k+24%+24%
13Klip Marine Shipmanagement LtdGeneral cargo515,120 t€0+48%+48%
14MarShip Minibulker Flotte GmbH & Co.KGGeneral cargo12,994 t€0––
15Rix ShipmanagementGeneral cargo24,851 t€0––
Show by ISM company (DoC holder) instead of group
#OperatorMain segmentShipsunder LatviaCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1Baltnautic Shipmanagement LtdContainer939,409 t€1.6m+97%+70%
2HT Shipmanagement SIARo-pax116,565 t€630k––
3Baltnautic Shipping LtdGeneral cargo46,310 t€252k––
4HT Shipmanagement OURo-pax14,011 t€211k––
5MS "Delfin" GmbH & Co. KGGeneral cargo12,895 t€139k––
6Baltic Forest Line MS "Baltic Sailor" Schiffahrtsgesellschaft mbH & Co. KGGeneral cargo12,481 t€130k––
7MS "Capella" GmbH & Co. KGGeneral cargo12,485 t€127k––
8SIA TB Marine Shipmanagement (Riga)Gas carrier (LPG)14,832 t€89k––
9Baltic Forest Line MS "Baltic Carrier" Schiffahrtsgesellschaft mbH & Co. KGGeneral cargo11,987 t€88k––
10Baltic Forest Line MS "Baltic Merchant" Schiffahrtsgesellschaft mbH & Co. KGGeneral cargo12,025 t€87k––
11ARJUVE 2024 SASGeneral cargo11,883 t€81k––
12dship Carriers GmbH & Co. KGGeneral cargo11,697 t€74k––
13EMS Shipmanagement GmbH & Co. KGGeneral cargo711,769 t€72k+24%+24%
14Klip Marine Shipmanagement LtdGeneral cargo515,120 t€0+48%+48%
15Rix ShipmanagementGeneral cargo24,851 t€0––
16MarShip Minibulker Flotte GmbH & Co.KGGeneral cargo12,994 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.