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Cayman - Houseflags of Cayman's Shipping Companies

Ugland International Holdings

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Ugland International Holdings

image by Jorge Candeias

From the Ugland website - World leader in vehicle transportation. Flag is a bright red field with a large white U letter in the middle.
Dov Gutterman, 22 February 1999

Ugland International Holdings, I suggest that a link to Houseflags of Norwegian maritime companies (U-V) where the same flag is shown under Ugland Bulk Carriers A/S would be appropriate if you wish to continue the thought that that the Cayman Islands entry is justified. Ugland is Norwegian and the forming of a Cayman Islands company has obvious tax benefits but the family has remained based in Grimstad where today it is represented by J.B. Ugland Holding A/S and is still with a couple of vessels under its control although most of their shipping interests have now been disposed of. The JBU logo still shows the plain flag with a "U" on their [green] logo but whether it is still used is not known.
Neale Rosanoski, 6 September 2010