BW SHIPPING GROUP LTD.

The funnel follows a photograph of Helice. A partly obscured flag’s visible blue upper hoist suggested a flag based on the funnel, subsequently confirmed by the company’s table flag. The funnel blue is very dark, appearing almost black at a distance.

Group-level evidence does not establish whether the document’s BW Shipping Group Ltd., Bermuda holding company and operational subsidiaries are the same legal entity. Retain China/Hong Kong source values without overwriting them.