SOCIETA TRIESTINA DI NAVIGAZIONE COSU LICH. Founded in 1903 by the brothers Callisto and Alberto Cosulich, whose activities were for a long time devoted to ship building, the Societa Triestina di Navigazione Cosulich rapidly established itself in the maritime world, and in the short period of ten years increased its capital from two to 24 millions of Austrian crowns. In 1913 its fleet consisted of 29 liners, while five more were in course of construction at the naval shipyard at Montefalcone, near Trieste.
The World War checked development, but as soon as business resumed in the port of Trieste, its activities started once more. The capital was increased various times and has reached 500, 000,000 lire. A reconstruction of the shipyard at Montefalcone permitted the building of the large motor vessels "Saturnia" and "Vulcania" (24,000 tons each). At present the total tonnage of the fleet is nearly 200,000.
The services performed by the vessels of the Company are: I) Trieste-Naples-Marseilles-New York Express.
2) Trieste-Buenos Aires Mail Service.
3) Trieste-South America Cargo Line.
4) Trieste-Savannah-Wilmington Cargo Line.
5) Trieste-Mexican Gulf Cargo Line.
6) Trieste-South America Cargo Line.
The Company's association with powerful concerns such as the Steamship Company "Adria" of Fiume, the naval shipyard of Montefalcone, the Societa, Italiana Servizi Aerei (Italian Air Services) of Portorose, the Hotel Association of Portorose, the Banca Commerciale Triestina, the Cosulich Financial Company, the Insurance Company of Shipowners makes it one of the most conspicuous organizations of Trieste. The Cosulich Line con trols the Lloyd Triestino Line and its affiliated companies, i.e. the Stabilimento Tecnico Triestino, S. Rocco Shipyard, Officine Navali Triestine, the Marittima Italiana Steamship Company and the Puglia Line of Bari. The principal services from the Adriatic to the Near and the Far East, North Europe and to North and South America are thus under one control, and the Cosulich, with an aggregate tonnage at its disposal of 5oo,000, is in a position to provide for a perfect organization of all the services. The Banca Commerciale Italiana is associated with this big fusion of interests. (W. STo.)