Navalyze · Flags · Bahamas

Bahamas flag, 2025

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

See the companies under a flag

At a glance

Ships

729

4 with a blank port, flag from another year

Emitted

7.2 million t

CO₂, all ships under the flag

Main segment

Cruise

1.7 million t CO₂, 69 ships

Largest operator: NCL (Bahamas) Ltd.

577,296 t

CO₂ of its 14 ships under the flag, 8% of the flag

Ship types under this flag

CO₂ by segment.

Cruise1.7 million t
LNG carrier1.6 million t
Oil tanker1.1 million t
Bulk carrier470,862 t
General cargo401,268 t
Vehicle carrier399,869 t
Offshore388,266 t
Reefer373,392 t
Ro-pax216,327 t
Container128,466 t
Gas carrier (LPG)122,457 t
Passenger91,057 t
Chemical tanker82,441 t
Other51,399 t
Con-ro17,003 t
Ro-ro1,550 t

Largest companies under this flag

The 50 operators with most EU ETS allowances due for their Bahamas-flagged ships in 2025; the Commercial view shows the cost. Companies of one group are summed, as on the compare page; their ships under other flags are not counted here.

#	Operator	Main segment	Shipsunder Bahamas	CO₂emitted, total	vs segment medianlower is better	vs similar-size shipssame segment, lower is better
1	NCL (Bahamas) Ltd.	Cruise	14	577,296 t	−7%	−7%
2	Seapeak	LNG carrier	22	920,271 t	+28%	+28%
3	Royal Caribbean Group	Cruise	9	378,933 t	−33%	−33%
4	Maran	Oil tanker	13	236,206 t	+113%	+67%
5	Teekay Marine (Singapore) Pte. Ltd.	Oil tanker	31	252,238 t	−18%	+3%
6	STAMCO SHIP MANAGEMENT CO LTD	Vehicle carrier	39	254,716 t	−13%	+7%
7	''K'' Line Energy Shipping (UK) Limited	LNG carrier	2	130,232 t	–	–
8	NYK(3 companies)	LNG carrier	11	221,061 t	+29%	+29%
9	Polska Zegluga Baltycka S.A.	Ro-pax	4	128,660 t	–	–
10	Silversea SAM	Cruise	9	127,858 t	+164%	+164%
11	Lundqvist Rederierna AB	Oil tanker	10	125,493 t	+13%	+9%
12	Fred. Olsen	Cruise	3	129,633 t	–	–
13	Polska Zegluga Morska P.P.	Bulk carrier	23	124,794 t	+30%	+4%
14	SAGA SHIPHOLDING (NORWAY) AS	General cargo	25	126,285 t	−65%	−65%
15	Virgin Cruises Intermediate Limited	Cruise	4	89,364 t	–	–
16	Carnival Corporation(2 companies)	Cruise	6	84,916 t	+112%	+112%
17	STARGATE SHIPMANAGEMENT GmbH	Vehicle carrier	4	72,346 t	–	–
18	WAKE ASSET CO LTD	Cruise	2	88,294 t	–	–
19	HYPROC SHIPPING COMPANY SPA	Gas carrier (LPG)	3	97,643 t	–	–
20	Wallem	Oil tanker	11	95,921 t	−14%	+7%
21	Gearbulk Norway AS	General cargo	18	95,678 t	−63%	−63%
22	MOL(3 companies)	LNG carrier	10	131,758 t	−5%	−7%
23	Wilson Ship Management AS	General cargo	16	50,374 t	+5%	+5%
24	OWH Shipmanagement GmbH	Reefer	21	81,092 t	−2%	+2%
25	V.Ships(2 companies)	Cruise	3	50,792 t	–	–
26	Ventura Trading Ltd.	Reefer	4	80,945 t	–	–
27	MARELLA CRUISES LIMITED	Cruise	1	56,041 t	–	–
28	Seatrade(2 companies)	Reefer	15	73,676 t	+24%	−6%
29	CMA CGM(2 companies)	Container	10	123,171 t	+1%	+5%
30	Windstar Cruises Marshall Islands, LLC	Cruise	6	40,452 t	+162%	+162%
31	NAURANTO Schiffsbetriebsgesellschaft mbH & Co. TS "Gabriela“ KG	LNG carrier	1	61,533 t	–	–
32	Thenamaris	Oil tanker	3	52,414 t	–	–
33	ALBERTA SHIPMANAGEMENT LTD.	Oil tanker	20	49,092 t	−36%	−13%
34	Magical Cruise Co Ltd	Passenger	1	63,591 t	–	–
35	SAMOS STEAMSHIP CO.	Oil tanker	11	47,781 t	−16%	−4%
36	Siem	Other	5	47,164 t	–	–
37	OSM Thome(2 companies)	Bulk carrier	10	55,850 t	−18%	−8%
38	NAUSOLA Schiffsbetriebsgesellschaft mbH & Co. TS "Britta" KG	LNG carrier	1	45,933 t	–	–
39	MS Amera Shipping Ltd.	Cruise	1	31,926 t	–	–
40	World Tankers Management Pte	Oil tanker	3	39,318 t	–	–
41	SMT Shipping (Cyprus) Ltd	General cargo	11	36,224 t	−71%	−71%
42	SUPER ECO TANKERS MANAGEMENT INC	Chemical tanker	3	28,691 t	–	–
43	P&O Ferries Holdings Ltd	Ro-pax	1	45,036 t	–	–
44	Tsakos	Oil tanker	2	30,837 t	–	–
45	AET	Oil tanker	1	25,143 t	–	–
46	Condor Marine Services Ltd	Ro-pax	3	27,194 t	–	–
47	ARTANIA GMBH	Cruise	1	22,650 t	–	–
48	Shell International Trading and Shipping Company Limited	LNG carrier	2	34,128 t	–	–
49	Dockendale Ship Management FZCO	Bulk carrier	16	32,895 t	−19%	−11%
50	Carlova Maritime Co.	Oil tanker	8	36,392 t	–	–

Show by ISM company (DoC holder) instead of group

#	Operator	Main segment	Shipsunder Bahamas	CO₂emitted, total	vs segment medianlower is better	vs similar-size shipssame segment, lower is better
1	NCL (Bahamas) Ltd.	Cruise	14	577,296 t	−7%	−7%
2	Seapeak Maritime Limited	LNG carrier	22	920,271 t	+28%	+28%
3	Royal Caribbean Cruises, Ltd.	Cruise	9	378,933 t	−33%	−33%
4	Maran Shuttle Tankers Norway AS	Oil tanker	13	236,206 t	+113%	+67%
5	Teekay Marine (Singapore) Pte. Ltd.	Oil tanker	31	252,238 t	−18%	+3%
6	STAMCO SHIP MANAGEMENT CO LTD	Vehicle carrier	39	254,716 t	−13%	+7%
7	''K'' Line Energy Shipping (UK) Limited	LNG carrier	2	130,232 t	–	–
8	Polska Zegluga Baltycka S.A.	Ro-pax	4	128,660 t	–	–
9	Silversea SAM	Cruise	9	127,858 t	+164%	+164%
10	Lundqvist Rederierna AB	Oil tanker	10	125,493 t	+13%	+9%
11	Fred. Olsen Cruise Lines Limited	Cruise	3	129,633 t	–	–
12	Polska Zegluga Morska P.P.	Bulk carrier	23	124,794 t	+30%	+4%
13	SAGA SHIPHOLDING (NORWAY) AS	General cargo	25	126,285 t	−65%	−65%
14	Virgin Cruises Intermediate Limited	Cruise	4	89,364 t	–	–
15	STARGATE SHIPMANAGEMENT GmbH	Vehicle carrier	4	72,346 t	–	–
16	WAKE ASSET CO LTD	Cruise	2	88,294 t	–	–
17	HYPROC SHIPPING COMPANY SPA	Gas carrier (LPG)	3	97,643 t	–	–
18	NYK LNG Shipmanagement Ltd	LNG carrier	5	111,546 t	+30%	+30%
19	Wallem Shipmanagement Ltd.	Oil tanker	11	95,921 t	−14%	+7%
20	Gearbulk Norway AS	General cargo	18	95,678 t	−63%	−63%
21	Holland America Line Limited	Cruise	4	63,324 t	–	–
22	NYK LNG Shipmanagement (UK) Ltd.	LNG carrier	3	90,051 t	–	–
23	Wilson Ship Management AS	General cargo	16	50,374 t	+5%	+5%
24	OWH Shipmanagement GmbH	Reefer	21	81,092 t	−2%	+2%
25	V.Ships Leisure SAM	Cruise	2	50,792 t	–	–
26	Ventura Trading Ltd.	Reefer	4	80,945 t	–	–
27	MARELLA CRUISES LIMITED	Cruise	1	56,041 t	–	–
28	Seatrade Groningen B.V.	Reefer	13	69,072 t	+16%	−17%
29	Windstar Cruises Marshall Islands, LLC	Cruise	6	40,452 t	+162%	+162%
30	CMA CGM SA	Container	9	114,925 t	+1%	+3%
31	NAURANTO Schiffsbetriebsgesellschaft mbH & Co. TS "Gabriela“ KG	LNG carrier	1	61,533 t	–	–
32	MOL LNG TRANSPORT CO., LTD.	LNG carrier	2	60,172 t	–	–
33	Thenamaris Ships Management Inc.	Oil tanker	3	52,414 t	–	–
34	ALBERTA SHIPMANAGEMENT LTD.	Oil tanker	20	49,092 t	−36%	−13%
35	Magical Cruise Co Ltd	Passenger	1	63,591 t	–	–
36	SAMOS STEAMSHIP CO.	Oil tanker	11	47,781 t	−16%	−4%
37	SIEM Ship Management	Other	5	47,164 t	–	–
38	OSM BERGEN DRY AS	Bulk carrier	7	50,811 t	−12%	−9%
39	NAUSOLA Schiffsbetriebsgesellschaft mbH & Co. TS "Britta" KG	LNG carrier	1	45,933 t	–	–
40	MS Amera Shipping Ltd.	Cruise	1	31,926 t	–	–
41	World Tankers Management Pte	Oil tanker	3	39,318 t	–	–
42	SMT Shipping (Cyprus) Ltd	General cargo	11	36,224 t	−71%	−71%
43	SUPER ECO TANKERS MANAGEMENT INC	Chemical tanker	3	28,691 t	–	–
44	P&O Ferries Holdings Ltd	Ro-pax	1	45,036 t	–	–
45	Tsakos Shipping & Trading S.A.	Oil tanker	2	30,837 t	–	–
46	AET SEA SHUTTLE AS	Oil tanker	1	25,143 t	–	–
47	Condor Marine Services Ltd	Ro-pax	3	27,194 t	–	–
48	ARTANIA GMBH	Cruise	1	22,650 t	–	–
49	Shell International Trading and Shipping Company Limited	LNG carrier	2	34,128 t	–	–
50	Dockendale Ship Management FZCO	Bulk carrier	16	32,895 t	−19%	−11%

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.

Who verifies these ships

Verifiers of the 2025 emission reports of Bahamas-flagged ships, by CO₂ verified. A ship has one verifier per report.

Verifier	Shipsunder Bahamas	CO₂verified, share of flag
DNV	421	5.1 million t 70%
ABS	55	636,414 t 9%
Lloyd's Register	78	424,816 t 6%
ClassNK	22	362,795 t 5%
Bureau Veritas	57	324,382 t 4%
Verifavia	55	263,077 t 4%
RINA	14	113,130 t 2%
China Classification Society	3	13,454 t 0%
EMICERT	5	7,140 t 0%
ICS Verification Services	15	6,694 t 0%
Swiss Climate	2	5,487 t 0%
Polish Register of Shipping	2	3,517 t 0%