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Oceana Sea Nav. Co. Ltd., 1922-1927
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Lajstrom
- Active:1922-1927▼Country:HUCity:BudapestShort name:OTAfter the Great War one of the big Hungarian trampshipping companies, the Atlantica, was reorganised first under Italian flag, then under Hungarian flag, too. Atlantica Co. signed a special contract with the Italian Government in 1924 and established a branch company under the name Fiumana S. A. N. Their remaining six ships were only renamed then. Price of these ships were to be paid back in ten years which meant that their ships had to be purchased back from the Italian Government. These vessels, the BUDAPEST, the DANUBIO, the ALBERTO FASSINI, the FIUMANA, the UNGHERIA and the ATLANTICA were sold in 1930.
From the beginning of 1922 Atlantica Trust established an other branch as well based in Budapest. It was the Oceana Sea Nav. Co. The 1921 Barcelona Treaty made it possible for shipowners to fly Hungarian flag again. In summer 1927 freighters of the company, the ALFÖLD, BALATON, DEBRECEN, HÁROS, MORAWITZ, OCEANA and PANNÓNIA were taken back by the Harriman Concern because Oceana could not pay instalments. Atlantica Trust was wound up for good in 1930.
József Horváth: What happens to you Hungarian sea navigation? Aqua Magazin, vol. 19., 2001Predecessor in title