Österreichischer Lloyd Ship Management (ÖLSM) in terms of number of ships managed and quality of its services, is one of the major independent ship manager’s in Western Europe. The 30 vessels fully or partly managed by the company at any one time represent almost every sector of shipping with emphasis placed on multi-purpose bulkcarriers, car carriers, containerships and reefers. One cruise ship (the world's only Lebanese - owned cruise ship) and mega yacht are amongst the managed fleet as well.