VOC
F1. Maritime HistoryDefinition
Dutch East India Company, chartered 1602.
The VOC, the Vereenigde Oostindische Compagnie or Dutch East India Company, was chartered by the States General of the Netherlands in 1602 with a monopoly on trade east of the Cape of Good Hope and quasi-sovereign powers. Issuing tradeable shares to the public, it is often called the first true multinational corporation, and it built a maritime empire centered on Batavia that dominated the Asian spice trade for much of the seventeenth century. Its many wrecks are key archaeological evidence of long-distance trade.