Lloyd Triestino was a major shipping company, created in 1919 when the city of Trieste became part of Italy in the settlement after the First World War. It ran passenger services on ocean liners around the world. Seriously harmed by Second World War, in which it lost 68 ships, it recovered to run passenger services with new ships on routes as far as Australia. In 2006, with the business by then mainly container freight, the company's name was changed to Italia Marittima. Background The company was founded as Österreichischer Lloyd (or "Austrian Lloyd") as an insurance company in 1833. In 1836 the company went into shipping. It became one of the world's biggest shipping companies by managing most of Austria-Hungary's overseas trade and passenger travel until 1918. It ran regular services from Trieste to the Near East, India, China and the Far East, Brazil, the US and Northern Europe. It was one of the first companies to use steamships. Company Between the wars Österreichischer Lloyd's name was changed to Lloyd Triestino in 1919, when Trieste became a part of Italy. At that time, the company faced major restructuring to recover losses incurred during World War I. By the end of the 1930s, Lloyd Triestino, with its offshoot Italia di Navigazione, was once again a major world shipping power, owning a fleet of 85 vessels with 17 services to east Africa, southern Africa, Asia, and Australia. Second World War and after The company was crippled by the devastation of the Second World War, losing 68 ships and 1,000 sailors, including one of its most recent and famous ship, the MS Victoria which was sunk in January 1942 by British torpedoes off the coast of Libya. At the end, they were reduced to a fleet of just five ships, and were again faced with a massive recovery operation. In 1950, Lloyd Triestino launched three 13,140 GRT ocean-going passenger liners for its service to Australia: the Australia, the Oceania, and the Neptunia. All three were moved to the Italian Line in 1963, replaced by two new liners, the Guglielmo Marconi and the Galileo Galilei, each twice the size of the "trio" ships at 27,905 GRT. By 1956, the fleet had grown to 31 ships. A total of 199 ships were owned by Lloyd Triestino between 1919 and 2006. Sul Mare magazine The illustrated travel magazine Sul Mare (Italian for 'On the Sea') was