---
title: "BLUE ADVENTURES HOLDINGS LTD — Ownership Dossier"
canonical: https://whiteintel.dev/entity/32c050bb-8f6e-5b8f-887d-a65ff95ebdc6
json: https://whiteintel.dev/api/public/dossier/32c050bb-8f6e-5b8f-887d-a65ff95ebdc6
identifier: icij:icijol-55074027
jurisdiction: MT
risk: Medium
source: WhiteIntel corporate-ownership graph
---

# BLUE ADVENTURES HOLDINGS LTD

**Type:** Company  
**Jurisdiction:** MT  
**Identifier:** `icij:icijol-55074027`  
**Risk level:** Medium  
**Canonical dossier:** https://whiteintel.dev/entity/32c050bb-8f6e-5b8f-887d-a65ff95ebdc6  
**Structured JSON / MCP:** https://whiteintel.dev/api/public/dossier/32c050bb-8f6e-5b8f-887d-a65ff95ebdc6  

## Ownership & control

### Owners / controllers

- **ITAL COLOR LIMITED** (shareholder of) — https://whiteintel.dev/entity/0ce17c5f-b4f1-54ce-91c0-e511569d643f
- **ELISE TRUSTEES LIMITED** (shareholder of) — https://whiteintel.dev/entity/c78db542-6b22-5fcc-891d-e8f6f724de37

### UBO chain (walk to the ultimate owner)

A **5-step** ownership/control chain to the ultimate beneficial owner is resolved for this entity. The full cited chain unlocks with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Exposure (derived from the ownership graph)

**3** owners upstream in this entity's ownership/control chain are flagged — a sanctions hit or a secrecy jurisdiction — an investigative lead by resolved identity, not a legal determination. The contributing parties and the hop-by-hop path unlock with a paid API key or a one-off dossier — https://whiteintel.dev/pricing.

## Provenance

- ICIJ Offshore Leaks — https://offshoreleaks.icij.org/nodes/55074027

---

_This is the markdown-for-agents view of the WhiteIntel dossier for **BLUE ADVENTURES HOLDINGS LTD**. Human view: https://whiteintel.dev/entity/32c050bb-8f6e-5b8f-887d-a65ff95ebdc6 · Structured JSON: https://whiteintel.dev/api/public/dossier/32c050bb-8f6e-5b8f-887d-a65ff95ebdc6._

_Risk levels are heuristic investigative leads, not legal determinations of beneficial ownership. Every claim carries a source; an absent edge means "not yet observed in current sources", not "does not exist"._