Italian shipping company Transoceanics founded according to the Dutch newspaper Algemeen Handelsblad dated 22 August 1917

An item reported that atNaples, Italy a new shipping company was founded named Transoceanics with a capital of 4 million pound. Charmain was Pierese of the firm Pierse Bross which managed the company Sicula Americana active in passengers- and cargo transport towards the USA. The newspaper Times was surprised about the large capital.