VW-NYKI SHIPPING B.V.

In 2006 Ivy flew a white flag with the VW Nyki logo, while most ships were seen with the NS flag. Rosanoski suggests V215 was the founding VW-Nyki company’s flag and perhaps initially also used by Nyki Shipping. The photograph does not clearly show the small word SHIPPING; the website logo makes it so small and faint that a closer view would be needed to decide whether it was present.