East Asiatic Company in the context of "Danish West Indies"

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⭐ Core Definition: East Asiatic Company

The EAC Invest A/S, formerly known as the Santa Fe Group and East Asiatic Company (Danish: Det Østasiatiske Kompagni or ØK) is a multinational holding and investment company, based in Copenhagen, Denmark. Originally founded by Hans Niels Andersen in 1887.

It owned 5 subsidiary companies: Russian East Asiatic based in Saint Petersburg, Siam Steam Navigation based in Bangkok, Est Asiatique Francais based in Paris, Swedish East Asiatic based in Gothenburg, and D/S A/S Orient based in Copenhagen.

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👉 East Asiatic Company in the context of Danish West Indies

The Danish West Indies (Danish: Dansk Vestindien) or Danish Virgin Islands (Danish: Danske Jomfruøer) or Danish Antilles were a Danish colony in the Caribbean, consisting of the islands of Saint Thomas with 83 square kilometres (32 sq mi), Saint John (Danish: St. Jan) with 49 square kilometres (19 sq mi), Saint Croix with 220 square kilometres (85 sq mi), and Water Island.

Water Island was sold in 1905 to the Danish East Asiatic Company. The islands of St Thomas, St John, and St Croix were purchased by United States in 1917 and became known as the United States Virgin Islands. Water Island was bought by the US Government in 1944, and became part of the US Virgin Islands in 1996.

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East Asiatic Company in the context of Water Island, U.S. Virgin Islands

Water Island (Danish: Vand ø) is a minor island in the United States Virgin Islands, an American territory located in the Caribbean Sea. The rest of the U.S. Virgin Islands were acquired by the Americans in 1917 from Denmark; however, Water Island was excluded, thus the Danish East Asiatic Company, and by proxy the Danish kingdom, continued to own Water Island until several decades later. Water Island was bought by the U.S. Government in 1944, and in 1996 it was transferred to the U.S. Virgin Islands. The island is of volcanic origin and lies to the south of Saint Thomas in the Charlotte Amalie harbor. A ferry service runs regularly from Crown Bay, Saint Thomas, to Phillips Landing, Water Island; the ferry ride is about 10 minutes.

At 491.5 acres (1.989 km) in size, it is administratively part (with Hassel Island) of the subdistrict of Water Island, in Saint Thomas District. Water Island is a residential island, with a population of 182 (2010 census) and no significant commercial establishments. A number of homes on Water Island are available to accommodate visitors. The main attractions are beaches, including Honeymoon Beach, plantation ruins, Fort Segarra, an underground fort partially constructed by the U.S. during World War II, and scuba diving site Supermarket Reef in Limestone Bay.

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