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Navalyze · Flags · Philippines

Philippines flag, 2025

Ships whose port of registry belongs to Philippines, 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
47
reporting to EU MRV
Emitted
115,146 t
CO₂, all ships under the flag
EU ETS allowances due
€3.6m
48,251 t of allowances at the chosen price
Largest operator: Victoria Ship Management
€3.6m
47 ships, 100% of the flag's allowances

Ship types under this flag

CO₂ by segment.

  • Bulk carrier70,474 t
  • Chemical tanker44,672 t

Companies by EU ETS cost

The 1 operators with most EU ETS allowances due for their Philippines-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 PhilippinesCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1Victoria Ship Management(2 companies)Bulk carrier47115,146 t€3.6m−1%−10%
Show by ISM company (DoC holder) instead of group
#OperatorMain segmentShipsunder PhilippinesCO₂emitted, totalAllowancesEU ETS costvs segment medianlower is bettervs similar-size shipssame segment, lower is better
1VICTORIA SHIP MANAGEMENT, INC.Bulk carrier3470,474 t€2.1m−4%−12%
2VICTORIA SHIP MANAGEMENT INC.Chemical tanker1344,672 t€1.5m+20%−4%
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.