Candeias’s Euroasia logo-based image has proportions 247×216, also retained in the modified E405 version; Mitchell shows a rectangle. Loughran instead recalls a black flag with white-red-white waves and matching funnel markings, observed in the Suez Canal on 22 February 1986 and at Hamburg on 30 April 1987, the latter with the flag. He associates those colours with old Germany and cannot explain the other version, suggesting only possible partner or later colour changes.
Keep the explicit scope label independent; no alias or company identity is inferred.