Danish East India Company

(Redirected from Asiatic Company)

The Danish East India Company[1] (Danish: Ostindisk Kompagni[2]) refers to two separate Danish-Norwegian chartered companies. The first company operated between 1616 and 1650. The second company existed between 1670 and 1729, however, in 1730 it was re-founded as the Asiatic Company (Danish: Asiatisk Kompagni).

Danish and other European settlements in Sri Lanka and India.

First company

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Fort Dansborg at Tranquebar, built by Ove Gedde in 1620.

The first Danish East India Company was chartered in 1616 under King Christian IV and focused on trade with India. The first expedition, under Admiral Gjedde, took two years to reach Ceylon, losing more than half their crew. The island had been claimed by Portugal by the time they arrived but on 10 May 1620, a treaty was concluded with the Kingdom of Kandy and the foundation laid of a settlement at Trincomalee on the island's east coast.[3] They occupied the colossal Koneswaram temple in May 1620 to begin fortification of the peninsula before being expelled by the Portuguese.[4] After landing on the Indian mainland, a treaty was concluded with the ruler of the Tanjore Kingdom, Raghunatha Nayak, who gave the Danes possession of the town of Tranquebar, and permission to trade in the kingdom by treaty of 19 November 1620.[3] In Tranquebar they established Dansborg and installed Captain Roland Crappé as the first governor (opperhoved) of Danish India.[5] The treaty was renewed on 30 July 1621, and afterwards renewed and confirmed on the 10 May 1676, by Shivaji the founder of the Maratha Empire.[3]

During their heyday, the Danish East India Company and Swedish East India Company imported more tea than the British East India Company, smuggling 90% of it into England, where it could be sold at a huge profit. Between 1624-36, Danish trade extended to Surat, Bengal, Java, and Borneo, with factories in Masulipatam, Surat, Balasore and at Java, but subsequent European wars in which Denmark participated ruined the Company, and trade in India ceased entirely between 1643–69, during which time all previous acquisitions were lost except Tranquebar, which held out until aid from Denmark arrived in 1669.[3]

Second company, 1670–1729

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Colonial Merchant Ensign of Danish India

In 1670, a second Danish East India Company was established, before it too was dissolved in 1729.

Ships

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See also

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References

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  1. ^ "The Danish East India Company". Archived from the original on 11 October 2007. Retrieved 12 April 2004.
  2. ^ "Ostindisk Kompagni". Den Store Danske (Gyldendal) (in Danish). Archived from the original on 4 February 2020. Retrieved 9 February 2020.
  3. ^ a b c d The Bengal and Agra Annual Guide and Gazetteer. W. Rushton and Company. 1841. p. 415. Archived from the original on 7 August 2023. Retrieved 13 December 2015.
  4. ^ Jensen, Uno Barner (1997). Danish East India, Trade Coins and the Coins of Tranquebar: 1620 - 1845. Barner Jensen. ISBN 9788798368236., pp. 11-12; Furber, Holden (1986). Imperi rivali nei mercati d'Oriente, 1600-1800. Il Mulino. ISBN 9788815011985., note n° 66, p. 326: "Senarat of Kandy sent to Trincomalee 60 Sinhala men in order to help the Danes in the construction of their fort. During their permanence in Trincomalee, the Danesh coined also some "Larins", on which were recorded the words 'Don Erich Grubbe', of these coins, today do not remain trace, if not in the diary of Ove Giedde."
  5. ^ Foreningen Trankebar. "Artikel om en tur fra Chennai til Trankebar Archived 16 October 2013 at the Wayback Machine".
  6. ^ a b The Trials and Travels of Willem Leyel: An Account of the Danish East India Company in Tranquebar, 1639-48
  7. ^ "Enkeltskibsoplysninger FLYVENDE ULV / DEN FLYVENDE ULV / ULVEN". 14 December 2021.
  8. ^ "The Marine List". Lloyd's List. No. 1595. Lloyd's of London. 12 March 1750.
  9. ^ "The Marine List". Lloyd's List. No. 1597. Lloyd's of London. 19 March 1750. Archived from the original on 11 May 2024. Retrieved 8 June 2020.
  10. ^ Marcussen - Disco Archived 19 April 2021 at the Wayback Machine
  11. ^ Royal Danish Navy Museum Archived 9 January 2013 at the Wayback Machine - List of ships Archived 31 December 2012 at the Wayback Machine - Disco[permanent dead link]
  12. ^ Lloyd's Register Archived 11 May 2024 at the Wayback Machine (1784), Seq. №H343.]
  13. ^ Marcussen Archived 23 September 2020 at the Wayback Machine - Holsten (I) record card Archived 8 October 2019 at the Wayback Machine
  14. ^ Marcussen - Holsten (II) record card Archived 11 May 2024 at the Wayback Machine
  15. ^ London Gazette Issue 16982 Page 219 dated 7 February 1815
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