Vanuatu flag, 2025
Ships whose port of registry belongs to Vanuatu, 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
39
3 with a blank port, flag from another year
Emitted
50,170 t
CO₂, all ships under the flag
EU ETS allowances due
€713k
9,508 t of allowances at the chosen price
Largest operator: H KALKAVAN DENIZCILIK VE GEMICILIK SAN. TIC. A.S.
€117k
3 ships, 16% of the flag's allowances
Ship types under this flag
CO₂ by segment.
- General cargo35,343 t
- Offshore9,865 t
- Bulk carrier4,962 t
Companies by EU ETS cost
The 34 operators with most EU ETS allowances due for their Vanuatu-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 Vanuatu | CO₂emitted, total | AllowancesEU ETS cost | vs segment medianlower is better | vs similar-size shipssame segment, lower is better |
|---|---|---|---|---|---|---|---|
| 1 | H KALKAVAN DENIZCILIK VE GEMICILIK SAN. TIC. A.S. | General cargo | 3 | 3,295 t | €117k | – | – |
| 2 | NS SHIPPING CORP. | General cargo | 1 | 3,067 t | €105k | – | – |
| 3 | DCC DENIZCILIK SAN. VE TIC. LTD. STI. | Bulk carrier | 2 | 3,345 t | €103k | – | – |
| 4 | Algoma Shipping Ltd. | Bulk carrier | 1 | 2,551 t | €68k | – | – |
| 5 | ISKELE DENIZCILIK TICARET LTD STI | General cargo | 2 | 2,177 t | €58k | – | – |
| 6 | Four Group Denizcilik AS | General cargo | 1 | 1,088 t | €39k | – | – |
| 7 | FORTIUS SHIPPING & TRADING CO | General cargo | 2 | 1,280 t | €38k | – | – |
| 8 | Safir Gemi Tasimacilik Sanayi | General cargo | 1 | 1,286 t | €38k | – | – |
| 9 | Thunder Shipping Ltd | General cargo | 1 | 1,026 t | €30k | – | – |
| 10 | Archer Denizcilik ve Gemi | General cargo | 1 | 966 t | €28k | – | – |
| 11 | Seta Uluslararasi Denizcilik ve Ticaret ltd. Sti. | General cargo | 1 | 759 t | €27k | – | – |
| 12 | Ege Denizcilik Mursel Teksen | General cargo | 1 | 485 t | €17k | – | – |
| 13 | MORGAN NAVIGATION CO. SA | General cargo | 1 | 684 t | €13k | – | – |
| 14 | Maide Shipping and Trading Limited | General cargo | 1 | 421 t | €12k | – | – |
| 15 | Franklin Shipping Ltd | General cargo | 1 | 314 t | €8k | – | – |
| 16 | KUTLU DENIZ NAKLIYAT TICARET LTD | General cargo | 1 | 269 t | €7k | – | – |
| 17 | STAR SHIP DENIZCILIK | General cargo | 1 | 196 t | €6k | – | – |
| 18 | Kalimche Shipping & Trading Ltd | General cargo | 1 | 2,421 t | €0 | – | – |
| 19 | INANDILAR DENIZCILIK VE TIC AS | General cargo | 1 | 1,678 t | €0 | – | – |
| 20 | Maksimar Denizcilik Nakliyat ve Tic.Ltd.Sti. | General cargo | 1 | 938 t | €0 | – | – |
| 21 | PAN MARINE INTERNATIONAL INC.FREE ZONE | Offshore | 1 | 5,865 t | €0 | – | – |
| 22 | DMV Denizcilik Ltd Sti | General cargo | 1 | 4,382 t | €0 | – | – |
| 23 | Almi Marine Management SA | Bulk carrier | 1 | 0 t | €0 | – | – |
| 24 | SEJIN MARINE CO., LTD. | Bulk carrier | 1 | 0 t | €0 | – | – |
| 25 | Cakiroglu Deniz Tasima Ltd Sti | General cargo | 1 | 2,950 t | €0 | – | – |
| 26 | Pomartrans SA | General cargo | 1 | 385 t | €0 | – | – |
| 27 | Aegean Sun Shipping Corp | General cargo | 1 | 265 t | €0 | – | – |
| 28 | EVEREST SHIPPING COMPANY | General cargo | 1 | 107 t | €0 | – | – |
| 29 | Kodiak Shipping Co | General cargo | 1 | 471 t | €0 | – | – |
| 30 | MULTISERVICE SHIPPING AND TRADING CORP. | General cargo | 1 | 1,377 t | €0 | – | – |
| 31 | AYKIN DENIZ NAKLIYAT A.S | General cargo | 1 | 880 t | €0 | – | – |
| 32 | Benemare Shipping Co Ltd | Offshore | 1 | 4,000 t | €0 | – | – |
| 33 | TQ Ship Management Denizcilik Ltd. Sti. | General cargo | 1 | 518 t | €0 | – | – |
| 34 | Vasto Marine Gemi Isletmeciligi Ve Denizcilik Ltd Sti | General cargo | 1 | 727 t | €0 | – | – |
Show by ISM company (DoC holder) instead of group
| # | Operator | Main segment | Shipsunder Vanuatu | CO₂emitted, total | AllowancesEU ETS cost | vs segment medianlower is better | vs similar-size shipssame segment, lower is better |
|---|---|---|---|---|---|---|---|
| 1 | H KALKAVAN DENIZCILIK VE GEMICILIK SAN. TIC. A.S. | General cargo | 3 | 3,295 t | €117k | – | – |
| 2 | NS SHIPPING CORP. | General cargo | 1 | 3,067 t | €105k | – | – |
| 3 | DCC DENIZCILIK SAN. VE TIC. LTD. STI. | Bulk carrier | 2 | 3,345 t | €103k | – | – |
| 4 | Algoma Shipping Ltd. | Bulk carrier | 1 | 2,551 t | €68k | – | – |
| 5 | ISKELE DENIZCILIK TICARET LTD STI | General cargo | 2 | 2,177 t | €58k | – | – |
| 6 | Four Group Denizcilik AS | General cargo | 1 | 1,088 t | €39k | – | – |
| 7 | FORTIUS SHIPPING & TRADING CO | General cargo | 2 | 1,280 t | €38k | – | – |
| 8 | Safir Gemi Tasimacilik Sanayi | General cargo | 1 | 1,286 t | €38k | – | – |
| 9 | Thunder Shipping Ltd | General cargo | 1 | 1,026 t | €30k | – | – |
| 10 | Archer Denizcilik ve Gemi | General cargo | 1 | 966 t | €28k | – | – |
| 11 | Seta Uluslararasi Denizcilik ve Ticaret ltd. Sti. | General cargo | 1 | 759 t | €27k | – | – |
| 12 | Ege Denizcilik Mursel Teksen | General cargo | 1 | 485 t | €17k | – | – |
| 13 | MORGAN NAVIGATION CO. SA | General cargo | 1 | 684 t | €13k | – | – |
| 14 | Maide Shipping and Trading Limited | General cargo | 1 | 421 t | €12k | – | – |
| 15 | Franklin Shipping Ltd | General cargo | 1 | 314 t | €8k | – | – |
| 16 | KUTLU DENIZ NAKLIYAT TICARET LTD | General cargo | 1 | 269 t | €7k | – | – |
| 17 | STAR SHIP DENIZCILIK | General cargo | 1 | 196 t | €6k | – | – |
| 18 | Kalimche Shipping & Trading Ltd | General cargo | 1 | 2,421 t | €0 | – | – |
| 19 | INANDILAR DENIZCILIK VE TIC AS | General cargo | 1 | 1,678 t | €0 | – | – |
| 20 | Maksimar Denizcilik Nakliyat ve Tic.Ltd.Sti. | General cargo | 1 | 938 t | €0 | – | – |
| 21 | PAN MARINE INTERNATIONAL INC.FREE ZONE | Offshore | 1 | 5,865 t | €0 | – | – |
| 22 | DMV Denizcilik Ltd Sti | General cargo | 1 | 4,382 t | €0 | – | – |
| 23 | Almi Marine Management SA | Bulk carrier | 1 | 0 t | €0 | – | – |
| 24 | SEJIN MARINE CO., LTD. | Bulk carrier | 1 | 0 t | €0 | – | – |
| 25 | Cakiroglu Deniz Tasima Ltd Sti | General cargo | 1 | 2,950 t | €0 | – | – |
| 26 | Pomartrans SA | General cargo | 1 | 385 t | €0 | – | – |
| 27 | Aegean Sun Shipping Corp | General cargo | 1 | 265 t | €0 | – | – |
| 28 | EVEREST SHIPPING COMPANY | General cargo | 1 | 107 t | €0 | – | – |
| 29 | Kodiak Shipping Co | General cargo | 1 | 471 t | €0 | – | – |
| 30 | MULTISERVICE SHIPPING AND TRADING CORP. | General cargo | 1 | 1,377 t | €0 | – | – |
| 31 | AYKIN DENIZ NAKLIYAT A.S | General cargo | 1 | 880 t | €0 | – | – |
| 32 | Benemare Shipping Co Ltd | Offshore | 1 | 4,000 t | €0 | – | – |
| 33 | TQ Ship Management Denizcilik Ltd. Sti. | General cargo | 1 | 518 t | €0 | – | – |
| 34 | Vasto Marine Gemi Isletmeciligi Ve Denizcilik Ltd Sti | General cargo | 1 | 727 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.