Last modified: 2021-08-25 by rob raeside
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From the Ugland website -
World leader in vehicle transportation. Flag is a bright red
field with a large white U letter in the middle.
Dov Gutterman, 22 February 1999
Ugland International Holdings, I suggest that a link to Houseflags of
Norwegian maritime companies (U-V) where the same flag is shown under
Ugland Bulk Carriers A/S would be appropriate if you
wish to continue the thought that that the Cayman Islands entry is justified. Ugland
is Norwegian and the forming of a Cayman Islands company has obvious tax
benefits but the family has remained based in Grimstad where today it is
represented by J.B. Ugland Holding A/S and is still with a couple of vessels
under its control although most of their shipping interests have now been
disposed of. The JBU logo still shows the plain flag with a "U" on their [green]
logo but whether it is still used is not known.
Neale Rosanoski, 6 September 2010