SAMUELSENS REDERI.

Ships & The Sea shows a black funnel with a broad blue band edged white above and below, bearing a white J. Rosanoski considers this version inexplicable.

The other funnel versions are black with a broad band of the flag, or yellow or buff with a narrow black top and the flag flying from a white pole angled in the direction coded Pbds. The flag is red with a broad white horizontal band; a blue diamond touches the upper and lower edges of the band and carries a white S.