Navalyze · Flags · Bermuda

Bermuda flag, 2025

Ships whose port of registry belongs to Bermuda, 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

2 with a blank port, flag from another year

Emitted

2.5 million t

CO₂, all ships under the flag

Main segment

Cruise

1.1 million t CO₂, 25 ships

Largest operator: Carnival Corporation

1.0 million t

CO₂ of its 22 ships under the flag, 42% of the flag

Ship types under this flag

CO₂ by segment.

Cruise1.1 million t
LNG carrier985,339 t
Container292,668 t
Ro-pax26,097 t
Bulk carrier24,811 t
Oil tanker8,405 t
General cargo1,036 t
Passenger0 t

Largest companies under this flag

The 14 operators with most EU ETS allowances due for their Bermuda-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 Bermuda	CO₂emitted, total	vs segment medianlower is better	vs similar-size shipssame segment, lower is better
1	Carnival Corporation(2 companies)	Cruise	22	1.0 million t	−29%	−29%
2	GasLog LNG Services Ltd.	LNG carrier	21	475,427 t	−6%	−6%
3	Anglo-Eastern(2 companies)	Container	12	317,479 t	+17%	−3%
4	NLNG Ship Management Ltd	LNG carrier	12	297,221 t	+43%	+43%
5	BW Group	LNG carrier	8	133,236 t	+83%	+83%
6	Optimum Shipmanagement Services SA	Cruise	2	62,267 t	–	–
7	CFC SHIPCO	Cruise	1	42,466 t	–	–
8	Bonny Gas Transport Ltd	LNG carrier	2	52,110 t	–	–
9	NYK	LNG carrier	2	27,344 t	–	–
10	P&O Ferries Holdings Ltd	Ro-pax	1	20,951 t	–	–
11	DELTA TANKERS LTD	Oil tanker	1	8,405 t	–	–
12	HX TO GmbH	Ro-pax	1	5,146 t	–	–
13	McKeil Marine Ltd	General cargo	1	1,036 t	–	–
14	Mykonos Magica Inc.	Passenger	1	0 t	–	–

Show by ISM company (DoC holder) instead of group

#	Operator	Main segment	Shipsunder Bermuda	CO₂emitted, total	vs segment medianlower is better	vs similar-size shipssame segment, lower is better
1	Carnival Plc	Cruise	10	707,921 t	−26%	−26%
2	GasLog LNG Services Ltd.	LNG carrier	21	475,427 t	−6%	−6%
3	Princess Cruise Lines Ltd	Cruise	12	324,935 t	−29%	−29%
4	Anglo-Eastern (Germany) GmbH	Container	10	292,668 t	+22%	+3%
5	NLNG Ship Management Ltd	LNG carrier	12	297,221 t	+43%	+43%
6	BW Fleet Management AS	LNG carrier	8	133,236 t	+83%	+83%
7	Optimum Shipmanagement Services SA	Cruise	2	62,267 t	–	–
8	CFC SHIPCO	Cruise	1	42,466 t	–	–
9	Bonny Gas Transport Ltd	LNG carrier	2	52,110 t	–	–
10	NYK LNG Shipmanagement (UK) Ltd.	LNG carrier	2	27,344 t	–	–
11	Anglo-Eastern Ship Management Ltd	Bulk carrier	2	24,811 t	–	–
12	P&O Ferries Holdings Ltd	Ro-pax	1	20,951 t	–	–
13	DELTA TANKERS LTD	Oil tanker	1	8,405 t	–	–
14	HX TO GmbH	Ro-pax	1	5,146 t	–	–
15	McKeil Marine Ltd	General cargo	1	1,036 t	–	–
16	Mykonos Magica Inc.	Passenger	1	0 t	–	–

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 Bermuda-flagged ships, by CO₂ verified. A ship has one verifier per report.

Verifier	Shipsunder Bermuda	CO₂verified, share of flag
DNV	37	1.3 million t 54%
ABS	33	792,907 t 32%
Lloyd's Register	14	306,662 t 12%
ClassNK	2	27,344 t 1%
EMICERT	1	0 t 0%