The "Loredan" had a triple expansion steam engine - so Daniel might well be right in his assumption.
Brgds,
Stefan

If she is a steamer that would have been natural draft for the boilers...

Looks like the funnel was earmarked for a much larger vessel, or funds were not that large at war's end and they chopped off 20% off the design. Joking apart, the funnel with less height to it would have made the design much more pleasing to the eye, but there must have been a reason for this height.
regards
Emmanuel.L.(Malta)

Trouble is that that funnel makes it look as the aft end of the ship has gone missing

Love the really tall funnel. So Italian..........