Different opinion in Hungary about own shipping line according to the Dutch newspaper Algemeen Handelsblad dated 8 March 1929

An item referred to the Pester Lloyd which reported that during a meeting with the minister of commerce all representatives of agriculture, commerce and industry were against subsiding a Hungarian shipping line with Fiume as homeport. During a period of 17 years was yearly 1.800.000 pengö available while the company offered no more as 10-30% freight cost. The representatives thought it was more profitable to charter ships in this time of abundance supply.

The newspaper Nieuwe Rotterdamsche Courant dated 2 May reported that there were still intentions to found a shipping line with Fiume as homeport. The director of the Ungarische Allgemenine Creditbank Tibor de Scitovszky seemed to have spoken with the Italian cabinet about a possible Italian subsidy. Scitovszky was also director of the Levant shipping company now Italian property. He asked the Italian cabinet therefore permission to sell the old ships of this company and to buy new ones to replace them.