

A924 is a tentative flag drawn from a flag-like part of the website logo: horizontal black, white and red, with a thin yellow stripe across the middle of the white. Rosanoski considered it unlikely to be an actual flag without better evidence.
The company page instead showed the “1993 version”, A923, flying from a ship, which Rosanoski took to indicate continued use. The yellow rings are very faint but visible under magnification. Loughran explains the colours as representing the founder’s origin and the interlocking rings as the two hemispheres.
The funnel in A923 is based on Alianca Maracana on 18 October 2009. Its white and red bands are equal, with black slightly wider, unlike the flag’s wider white band. Rosanoski suggested that the vessel’s chartered status explained this difference. Alianca Brasil still showed the predecessor’s E88 funnel on 14 December 2009.