

Lama Forest was observed at Lyttelton on 2 November 1988 flying the flag above J. & J. Denholm’s management pennant. The funnel colours date from at least 1982. B11 is reported for black-hulled vessels.
B12 is reported for green-hulled vessels and was seen on Lantau Trader in 1981. A yellow-band report was subsequently corrected to white by NJK. Use of the same flag is assumed.