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Danish Asiatic Company ( Danish: Asiatisk Kompagni) was a Danish trading company established in 1730 to revive Danish-Norwegian trade on the Danish East Indies and China following the closure of the
Danish East India Company The Danish East India Company () refers to two separate Danish-Norwegian chartered company, chartered companies. The first company operated between 1616 and 1650. The second company existed between 1670 and 1729, however, in 1730 it was re-founde ...
. It was granted a 40-year monopoly on Danish trade on Asia in 1732 and taken over by the Danish government in 1772. It was headquartered at Asiatisk Plads in
Copenhagen Copenhagen ( ) is the capital and most populous city of Denmark, with a population of 1.4 million in the Urban area of Copenhagen, urban area. The city is situated on the islands of Zealand and Amager, separated from Malmö, Sweden, by the ...
. Its former premises are now used by the Ministry of Foreign Affairs.


History

The
Danish East India Company The Danish East India Company () refers to two separate Danish-Norwegian chartered company, chartered companies. The first company operated between 1616 and 1650. The second company existed between 1670 and 1729, however, in 1730 it was re-founde ...
was dissolved in 1729. Some of Copenhagen's leading merchants responded to its dissolution by creating two trading societies, one for the Indian trade and another one for the new and promising China trade. On 20 April 1730, the two societies were merged to form the Danish Asiatic Company. The reformed interim company opened trade with
Qing China The Qing dynasty ( ), officially the Great Qing, was a Manchu-led imperial dynasty of China and an early modern empire in East Asia. The last imperial dynasty in Chinese history, the Qing dynasty was preceded by the Ming dynasty ...
at Canton. The first expedition went badly, with ''Den gyldne Løve'' lost with its cargo of silver off Ballyheigue,
Ireland Ireland (, ; ; Ulster Scots dialect, Ulster-Scots: ) is an island in the North Atlantic Ocean, in Northwestern Europe. Geopolitically, the island is divided between the Republic of Ireland (officially Names of the Irish state, named Irelan ...
, on the outbound journey. Local landowners held the silver at their estate and pursued a salvage claim, but a gang of locals overpowered the Danish guard and made off with the hoard, causing a diplomatic row between Denmark-Norway and
Great Britain Great Britain is an island in the North Atlantic Ocean off the north-west coast of continental Europe, consisting of the countries England, Scotland, and Wales. With an area of , it is the largest of the British Isles, the List of European ...
.''Foreningen Trankebar''.
Brev fra England
".
The '' Cron Printz Christian'' returned from the company's first successful expedition to Canton in 1732. With the royal licence conferred in 1732, the new company was granted a 40-year monopoly on all Danish trade east of the
Cape of Good Hope The Cape of Good Hope ( ) is a rocky headland on the Atlantic Ocean, Atlantic coast of the Cape Peninsula in South Africa. A List of common misconceptions#Geography, common misconception is that the Cape of Good Hope is the southern tip of Afri ...
. Before 1750, it sent 27 ships; 22 survived the journey to return to Copenhagen. In 1772, the company lost its monopoly and in 1779, Danish India became a
crown colony A Crown colony or royal colony was a colony governed by Kingdom of England, England, and then Kingdom of Great Britain, Great Britain or the United Kingdom within the English overseas possessions, English and later British Empire. There was usua ...
. During the
Napoleonic Wars {{Infobox military conflict , conflict = Napoleonic Wars , partof = the French Revolutionary and Napoleonic Wars , image = Napoleonic Wars (revision).jpg , caption = Left to right, top to bottom:Battl ...
, in 1801 and again in 1807, the
Royal Navy The Royal Navy (RN) is the naval warfare force of the United Kingdom. It is a component of His Majesty's Naval Service, and its officers hold their commissions from the King of the United Kingdom, King. Although warships were used by Kingdom ...
attacked Copenhagen. As a consequence of the last attack (in which most of the Danish navy was captured), Denmark (one of few Western European countries not occupied by
Napoleon Napoleon Bonaparte (born Napoleone di Buonaparte; 15 August 1769 – 5 May 1821), later known by his regnal name Napoleon I, was a French general and statesman who rose to prominence during the French Revolution and led Military career ...
), ceded the island of Heligoland (part of the Duchy of
Holstein-Gottorp Holstein-Gottorp () is the historiographical name, as well as contemporary shorthand name, for the parts of the duchies of Schleswig and Holstein, also known as Ducal Holstein, that were ruled by the dukes of Schleswig-Holstein-Gottorp, a side ...
) to Britain. In the east, when news of Anglo-Danish hostilities reached India, British colonial authorities immediately impounded seven Danish merchantmen in the Hoogli on 28 January 1808. Denmark sold its remaining colonies in mainland India to Britain in 1845, and the Danish Gold Coast to the British in 1850.


Management


Presidents

* (1732–1743) Christian Ludvig Scheel Plessen * (1743–1759) Johan Sigismund Schulin * (1759–1772) Adam Gottlob Moltke


Board of directors

Members of the board of directors included: * 1730–1743: Frederik Holmsted * 1732–1739: Gregorius Klauman * 1732–1743: Hans Jørgen Soelberg * 1738-1843: Hans Nielsen Gram * 1740–1744: Michael Fabritius * 1753–1755: Anthoni Raft * 1739–1752: Olfert Fas Fischer * 1744-1746: Herman Henrik Kønneman * 1744–1752: Joost van Hemert * 1745–1754: Peter van Hurk * 1747–1750: Herman Lengerken Kløcker * 1753–1759: Johan Friederich Wewer * 1753–1767: Oluf Blach * 1754-1758: Jens Werner Ackeleye * 1758-: Johan Johan Frederik * 1755–1766: Just Fabritius * 1760–1768: Reinhard Iselin * 1763–1770: Abraham Falck * 1769–1772: Gysbert Behagen * 1771–1775: John Brown * 1661-: Jørgen Erik Skeel * 1772–1775: Niels Ryberg, 1st term * 1772–1776: Conrad Fabritius de Tengnagel, 1st term * 1773–1775: William Halling * 1773–1775: Peder Hoppe * 1773-75: George Elphinston * 1773–1776: Frédéric de Coninck * * 1776-1779: Laurentius Johannes Cramer, 1st term * 1776–1779: Christen Schaarup Black * 1776-1785: Simon Hooglant * 1776-1779: Hans Georg Krog * Jens Krag-Juel-Vind * 1777: Hermann Abbestée * 1777–1783: Peter van Hemert * 1666-1783 Otto Christian Haaber * 1777-1783: Otto Christian Haaber * 1780-1784: Niels Ryberg, 2md term * 1784-1785: Conrad Fabritius de Tengnagel, 2nd term * 1784-1788: Mathias Lunding * 1784-1790: Johann Ludvig Zinn * 1779–1785: John Brown * 1783–1793: Erich Erichsen * 1789-1812: Poul Skibsted * 1784-1796: Laurentius Johannes Cramer, 2nd term * 1791–1805: Johan Leonhard Fix * 1792–1811: Carsten Anker, 1st director * 1794-95: Otto Thott * 1796-1796: Christian Wilhelm Dunzfelt * 1799-1807: Frantz Wilhelm Otto Vogelsang * 1805-1815: Rasmus Sternberg Selmer * 1812–1819: Christian Klingberg * 1816–1823: Conrad Hauser * 1816-1822: Generalkonsul Tutein * 1819–1843: Friederich Christian Schäffer * 1823–1836: René Pierre Francois Mourier * 1833-1847: Hermann Christian Müffelmann * 1837–1843: William Frederik Duntzfelt * 1837-1847: Peter Johan Alexei Conradt-Eberlin * 1837-1847: Vilhelm FrederikDuntzfelt * Years unknown: Friderich Christian Schäffer


Fleet

Details of some of these armed trading ships, often built by the Royal Danish dockyards as "''handelskib, chinafarer''", can be found at the Royal Danish Naval Museum websiteRoyal Danish Naval Museum
List of Danish Warships
/ref> Two have a history record at Skibregister. *'' Cron Printz Christian'' (acquired from the DEIC in 1732) * '' Slesvig'' (acquired from the navy in 1732) * Grev Laurvig (acquired from the DEIC in 1732) * Vendela (acquired from the DEIC in 1732) * '' Fridericus Quartus'' (acquired from the DEIC in 1732) * '' Kongen af Danmark'' (built 1735)Klem p 220 * '' Dronningen af Danmark'' (built 1738) * '' Prinsesse Louise'' (acquired 1738) * '' Prinsesse Charlotte Amalie'' (acquired 1738) * '' Kronprinsen af Danmark'' (built 1740, later renamed ''Cronprintz'') * ''Christiansborg Slot'' (built 1742) * '' Sydermanland'' (acquired 1743) * '' Prinsesse Louise (acruied 1744, aka ''Lowisa'') * '' Trankebar'' (bought 1744)Klem p 222 * '' Dokken'' (bought 1742) * '' Fyen'' (acquired 1745, former ship-of-the-line) * '' Kronprinsessen af Danmark'' (built 1745) * '' Kongen af Danmark'' (built 1745)Klem p 224 * '' Elephanten'' (acquired 1746, from Rotterdam) * '' Kronprinsen af Danmark'' (built 1746) * '' Dronningen af Danmark'' (built 1747) – renamed Dronning Sophie Magdalene i 1752 * '' Prinsesse Wilhelmine Caroline'' (built 1750)Klem p 226 * '' Dronning Juliana Maria'' (built 1752)Klem p 228 * '' Kongen af Danmark'' (built 1755) * '' Dronning Sophia Magdalena'' (built 1761–62)Klem p 232 * '' Fredensborg Slot'' (built 1764–65) * ''Rigernes Ønske'' (built 1766)Klem p 234 * '' Kongen af Danmark'' (built 1768–69) * '' Dronning Caroline Mathilde'' (built 1769) * Bombardergalliot "Den Gloende" (built 1771)Record card for
Den Gloende
'
* Prins Frederik (built 1772) * Trankebar (built 1773) * '' Castellet Dansborg'' (built 1774) * '' Dronning Juliana Maria'' (built 1775) * '' Kronprinsen af Danmark'' (built 1778) * Prinsesse Sophia Frederica (built 1779) * '' Dronning Juliana Maria'' (built 1780) * '' Prinsesse Charlotte Amalie'' (built 1781) * '' Nicobar'' (built 1782) * Danmark (bygget 1782–83) * Prinsesse Lowisa Magdalena (built about 1782) * Nicobar (build year unknown) (NB two ships called Nicobar. Are they the same?) * Mars (built 1784) * '' Prinsesse Louise Augusta'' (bought in 1784 from Petersværft) * '' Dannebrog'' (rebuilt 1786) * '' Dronning Juliana Maria'' (acquired 1790) * '' Kongen af Danmark'' (built 1788) * '' Arveprinsen af Augustenborg'' (built 1789) * Norge (rebuilt 1797–98) * Christianshavn (acquired 1800) * '' Holsteen'' (acquired 1800) * ''Kronprinsen af Danmark'' (acquired 1801) * '' Kronprinsessen'' (acquired 1802) * Arveprinsen af Augustenborg (major repairs 1805) * Kanonchalup (built 1808)


Further reading

* Aa. Rasch and P. P. Sveistrup:
Asiatisk Kompagni i den florissante Periode 1772-1792
' (published by Institutet for Historie og Samfundsøkonomi). Copenhagen . 1948. 347 pages. *Glamann, Kristof:
Studie iAsiatisk Kompagnis økonomiskehistorie, 1732—1772
',


References


Citations

* Knud Klem: ''Skibsbyggeriet i Danmark og Hertugdømmerne i 1700-årene''; Bind I, København 1985;
Knud Klem: "Den danske Ostindie- og Kinahandel" (''Handels- og Søfartsmuseets Årbog 1943''; s. 72-102)
*Royal Danish Naval Museu
website
for Database > Avancerede > Set Skibstype to "Handelsskib" and Datering to appropriate dates> Søg (This works only if the language is set to Danish) *Royal Danish Naval Museum

*Royal Danish Naval Museum

for individual ships record cards where they exist.


External links


Literature

Ship protocolsAt the Altar of Capitalism
– Calvinist merchants in the Danish Asiatic Company in the 18th century
DAC shipsSource
(PDF)
Theodor Emil Ludvigsen's memoirs

Source

Source
{{Authority control * Defunct companies of Denmark Danish companies established in 1730 Companies based in Copenhagen 1845 disestablishments in Denmark Trade monopolies