Danish East India Company

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File:European settlements in India 1501-1739.png
Danish and other European settlements in Sri Lanka and India.

The Danish East India Company<ref>{{#invoke:citation/CS1|citation |CitationClass=web }}</ref> (Template:Langx<ref name="dens_Osti">{{#invoke:citation/CS1|citation |CitationClass=web }}</ref>) 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 (Template:Langx).

First company

File:Fort Dansborg.JPG
Fort Dansborg at Tranquebar, built by Ove Gedde in 1620.
File:Den 19. november 1620 signerede Nayaka Raghunata af Thanjavur en aftale med Kong Christian 4.jpg
The Tranquebar Treaty of 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 10Template:NbspMay 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.<ref name=BAG>Template:Cite book</ref> They occupied the colossal Koneswaram temple in May 1620 to begin fortification of the peninsula before being expelled by the Portuguese.<ref>Template:Cite book, pp. 11-12; Template:Cite book, 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."</ref> 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 19Template:NbspNovember 1620.<ref name=BAG /> In Tranquebar they established Dansborg and installed Captain Roland Crappé as the first governor (opperhoved) of Danish India.<ref name="forchennai">Foreningen Trankebar. "Artikel om en tur fra Chennai til Trankebar Template:Webarchive".</ref> The treaty was renewed on 30Template:NbspJuly 1621, and afterwards renewed and confirmed on the 10Template:NbspMay 1676, by Shivaji the founder of the Maratha Empire.<ref name=BAG />

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.<ref name=BAG />

Second company, 1670Template:Ndash1729

File:Danish Colonial Merchant Ensign India.png
Colonial Merchant Ensign of Danish India

In 1670, a second Danish East India Company was established- The first board of directors consisted of then-retired admiral Cort Adeler, vice president of Kommercekollegiet Jens Juel, Admiralty Councillor Paul von Klingeberg, Supreme Court justice Thomas Fincke, Supreme Court justice Peder Pedersøn Lerche and stamped-paper manager Albert Heintz.<ref name="Marcussen">Template:Cite encyclopedia</ref>

Back in 1668, the naval ship HDMS Færø had already been sent to Tranquebar. In 1670, Dansborg was ceded to the company. In 1674, Sivert Adeler was installed as the new governor of Danish India. In 1682, he was replaced by Axel Juel.<ref name="Marcussen"/>

The company found itself unable to finance any expeditions between 1721 and 1725. The result was that private expeditions were tolerated in return for the payment of a fee to the company. It too was dissolved in 1729.<ref name="Marcussen"/>

Ships

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  • Kiøbenhavn and Christian (1618–1621, part of the Gjedde expedition that founded Dansborg at Tranquebar)<ref name="ReferenceA">The Trials and Travels of Willem Leyel: An Account of the Danish East India Company in Tranquebar, 1639-48</ref>
  • Christianshavn (8 November 1639, Willem Leyel left Denmark for Tranquebar as commander of this ship)<ref name="ReferenceA"/>
  • Flyvende Ulv (Departure from Copenhagen 1682 with Axel Juhl, who was appointed governor of Tranquebar later the same year. Departure from Copenhagen 1685 with Wollf Heinrich v. Calnein, governor of Tranquebar 1687)<ref>{{#invoke:citation/CS1|citation

|CitationClass=web }}</ref>

See also

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References

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