!!!Österreichischer Lloyd

Oesterreichischer Lloyd, founded in 1833 in Trieste by 7 local 
insurance agencies in analogy to the London Lloyd´s, aiming to 
make available to merchants and insured persons information on trade 
and shipping in Europe, especially in the Levant. Among the founding 
members was the Trieste merchant and former trade and finance 
minister, Karl Ludwig, Baron of  Bruck. In 1836, the 
"Oesterreichischer Lloyd Triest" was able to found a 
shipping company under the condition that it would connect Austrian 
maritime ports with the Levant, the motto being "Forward". 
In 1845, the Oesterreichischer Lloyd was awarded the status of a state 
post institution and transported mail to the Levant ("Levantepost"), 
its ships sailed under the postal flag. After the opening of the Suez 
Canal, Oesterreichischer Lloyd sailed between Trieste and Bombay and 
ran every week between Trieste and Port Saïd, the line being 
extended to Singapore and Hong Kong in 1879. Following the 
constitutional Compromise between Austria and Hungary, the society was 
renamed "Oesterreichisch-Ungarischer Lloyd" in 1872, in 1891 the 
contract was cancelled by Hungary, which focused on its own shipping 
company "Adria", and Oesterreichischer Lloyd bore its old 
name again. In 1906, the headquarters were moved from Trieste to 
Vienna, in 1912 the express line Trieste-Shanghai was opened. At the 
outbreak of the First World War, Oesterreichischer Lloyd owned 65 
steamships and 1 yacht. At that time it was one of the largest 
shipping companies in the world. A dozen ships were confiscated 
abroad, 13 more commandeered by the k. u. k. Navy, 6 of them 
were lost during the war. By the end of World War I the majority of 
steamships had been lost or had been taken over by the successor 
states of the Austro-Hungarian Empire. From November 1918, 
Oesterreichischer Lloyd was temporarily under Italian management and 
continued to operate as "Lloyd Triestino".

\\
IN 1951 Oesterreich Lloyd was re-established by Stefan Kreppel and has 
since then become an important European shipping company. In 2000 its 
fleet consisted of 23 deep-sea ships including container ships, bulk 
carriers, refrigerating ships and special purpose ships. The 
technology and personnel management for 50 further ships is also 
carried out by the company via its subsidiary, Oesterreich Lloyd Ship 
Management. The company´s headquarters are located in Vienna; it 
has branches and subsidiaries in Hamburg (Germany), Limassol (Cyprus) 
and Malta. The Oesterreich Lloyd fleet plays a significant role in 
European coastal shipping and transports approx. 3 million tons 
of freight annually.

!Literature
D. Winkler and G. Pawlik, Die Dampfschiffahrtsgesellschaft 
Oesterreichischer Lloyd. 1836-1918, 1986.


%%language
[Back to the Austrian Version|AEIOU/Österreichischer_Lloyd|class='wikipage austrian']
%%

[{FreezeArticle author='AEIOU' template='Lexikon_1995_englisch'}]
[{ALLOW view All}][{ALLOW comment All}][{ALLOW edit FreezeAdmin}]