FREE PORT OF TRIESTE 271
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Influence of free port on the development of the merchant marine.—
The institution of free zones at the ports of Trieste and Fiume has
encouraged the establishment of regular steamship lines to Greece,
Turkey, the Danube, Russian Black Sea ports, and, after the opening
of the Suez Canal, in 1869, to India and the Far East. The organiza-
tion of such lines was started and fostered by the ex-Austrian Lloyd,
now the Lloyd Triestino, founded in 1836, which operates a fleet of
218,000 gross registered tons. The traffic development table of this
company given below reveals a large increase in the number of vessels,
the mileage covered, and cargo carried after the opening of the
Suez Canal.
BAT
Number
of
steamers
Nomina,
horse-
Dower
Cross
register
tonnage
Number
of
vovages
Miles
Weight of
goods
carried
Passen-
gers
§5]
7s
n
3
it
f
ND)
it
00
-y
1836-37 _._.. wh wi
LOA ccm emma
2%
6
i)
3
630 1,777
2,110 6,310
10,460 25,400
13,840 45,513
15,260 70,018
22,630 124, 341
114,33¢ 48 38
143,42 194, 95¢
192,380 234,678
45,08 190, 532
150,78 35,973
149,786 J, 257
186,256 9, 672
160,250 206, 492
TITTY Tas aan
87
717
2, 114
1,422
1,318
1, 526
{, 238
051
188
43, 652
334, 495
928, 833
976, 171
1, 257, 695
1, 802, 756
1, 979, 812
2, 245, 43¢
2 432, 72
973, 621
1, 089, 957
1, 166, 716
144, 504
556, 53:
"57, 51¢
, 647, 216
1. 443 350
Tons
528
13,377
125, 3"
150, 211
440, 74”
592, 03
770, 7¢
, 335, 78(
. 573, 164
347, 645
“4, 002
613, 652
~00, 119
105, 680
J04, 605
+, 098, 136
1. 090, 895
[mmm mmm
275, 322
120, 063
106, 300
102, 486
85,270
100, 529
92, 786
60, 298
£6. 696
%
9
4
313
The Cosulich Lines, founded in 1903 with a capital of 2,000,000
crowns, now controls a fleet of 500,000 tons, its own capital being
now of 500,000,000 lire. This concern in February of this year took
control of the Lloyd Triestino, which, owing to extremely bad manage-
ment, had suffered severe financial reverses. The Navigazione
Libera Triestina, starting with one steamer of 4,760 tons in 1906 and a
capital of 768,000 crowns, now operates 200,000 tons of shipping with
a capital of 150,000,000 lire and runs regular lines to Pacific coast
ports of North America, around Africa, and to American North
Atlantic ports.
The Tripcovich Line, also of Trieste, capitalized at 25,000,000 lire,
operates 62,000 tons of shipping. The Adria Co. of Fiume, founded
in 1881 with 5,000,000 crowns, grew in 1924 to 15 steamers of 36,000
tons gross register and a capital of 30,000,000 lire. The Navigazione
Gerolimich operates 55,000 tons of shipping.
The Lloyd Triestino and the Cosulich Lines are the two premier
companies influenced by the reconsignment trade of Trieste. In
1913 the Lloyd carried 970,000 tons, or 30 per cent of the total import
and export traffic of Trieste, while the Cosulich Lines shared 380.000