Star 5-pointed  multiple
Flag
Company
Country
Tasman - Asia Shipping Co., Ltd., Hobart

white flag, red disk, charged with yellow seahorse, a crescent pointed flywards, containing 4 5-pointed stars, placed 1,2,1, all white.

Australia
Admiral Towing and Barge Company United States
N.V. Gebr. de Haas Tankvaartbedrijf, Rotterdam Netherlands
Archipelago-

American Steamship Co

Greece
Auckland Harbour Board New Zealand
Auckland Harbour Board New Zealand
Cruzeiro do Sul Brazil
Myanma Five Star Line
Myanmar
Cie Maritime de Chargeurs Réunis, Paris

(different version with or without rectangle)

France
'S.A. pour l'Exploitation des Services Combinés sur l'Atlantique Sud'

meaning

'Co. for the Exploitation of Combined Services in the South Atlantic, Ltd'.

France
Chargeurs Réunis France
China - Australia Steamship Company, Limited, Sydney, N.S.W.
Australia
Veuve Christiaens & Bourgain Frères France
‘"La Columbia" Società Marittima per Trasporto di Petrolio e Derivati Italy
Albert Stenzel & Rolke, Stettin
Germany
Alaska Department of Transportation, Juneau
United States
Pan-Islamic Steamship Co., Ltd., Karachi
Pakistan
Collins Line (New York & Liverpool United States Mail Steamship Co.) United States
Atlantic Transport Co of West Virginia United States