Portuguese East India Company in the context of English East India Company


Portuguese East India Company in the context of English East India Company

⭐ Core Definition: Portuguese East India Company

The Portuguese East India Company (Portuguese: Companhia do commércio da Índia or Companhia da Índia Oriental) was a short-lived and ill-fated attempt by Philip III of Portugal, to create a chartered company to ensure the security of their interests in India, in the face of the mounting pressure and influence by their rivals; the Dutch East India Company and the English East India Company, following the personal union of the Portuguese and Spanish Crowns.

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Portuguese East India Company in the context of East Indiaman

East Indiamen were merchant ships that operated under charter or licence for European trading companies which traded with the East Indies between the 17th and 19th centuries. The term was commonly used to refer to vessels belonging to the British, Dutch, French, Danish, Swedish, Austrian or Portuguese East India companies.

Several East Indiamen chartered by the British East India Company (EIC) were known as clippers. The EIC held a monopoly granted to it by Elizabeth I in 1600 for all English trade between the Cape of Good Hope and Cape Horn. This grant was progressively restricted during the late 18th and early 19th centuries, until the monopoly was lost in 1834. EIC East Indiamen usually ran between Britain, the Cape of Good Hope and India, where their primary destinations were the ports of Bombay, Madras and Calcutta.

View the full Wikipedia page for East Indiaman
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