Lloyd Triestino name to disappear

THE HISTORIC shipping line name, Lloyd Triestino di Navigazione, is to disappear on March 1. According to line chairman, P L Maneschi, the 87-year old name will be changed to Italia Marittima SpA - and will be known by the acronym ITS. When established on August 2, 1836, the now Italian port city of Trieste was part of the Austrian-Hungarian Empire and the original name of the company was Oesterreicher Lloyd. On January 3, 1919 - shortly after World War I - the name changed to Lloyd Triestino. In 1998, following the Italian Government’s decision to privatise many state-owned companies, Lloyd Triestino was acquired by Taiwanese shipping giant, the Evergreen Group.