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Updated: May 26, 2025
One expedition sent out by two Amsterdam companies under the command of Jacob van Neck and Wybrand van Waerwyck was very successful and came back in fifteen months richly laden with East-Indian products. The year 1598 was one of great commercial activity.
Waerwyck visited Ceylon and most of the islands of the Malay Archipelago, established a factory at Bantam with a staff of officials for developing trade relations with the natives, and even made his way to Siam and China. He sent back from time to time some of his vessels richly laden, and finally returned himself with the residue of his fleet after an absence of five years in June, 1607.
The sea-power of the Dutch republic was already a formidable factor which had to be reckoned with and which was destined to be decisive. The East-India Company was no sooner founded than active steps were taken to make full use of the privileges granted by the Charter. A fleet of 17 vessels was despatched in 1602 under Wybrand van Waerwyck.
Another expedition of thirteen ships sailed in 1604 under Steven van der Hagen, whose operations were as widespread and as successful as those of Waerwyck. Van der Hagen took possession of Molucca and built factories at Amboina, Tidor and other places in the spice-bearing islands.
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