African Entrepreneurship Chronicles
Chapter 346

Dar es Salaam, Capital of the Indian Ocean

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August.

Dar es Salaam.

Today, all of Dar es Salaam was as bustling as ever. Although most ships chose to head directly to the Far East through the Suez Canal, posing a serious challenge to the strategic position of the East African coast.

The Suez Canal had also shortened the distance from Europe directly to the East African coast. Coupled with the successive launching of ships under Hechingen Overseas Trading Company, the East African coastal route continued to prosper.

With the Far East, the Middle East, the Mediterranean Sea, Central and Eastern Europe, and East Africa as its five pillars, Hechingen Overseas Trading Company had developed into one of the world's foremost shipping companies.

Its four major businesses—grain, industrial raw materials, industrial goods, and immigration—supported Hechingen Overseas Trading Company in becoming the largest shipping company in Germany and even the world. It owned four independent large shipyards, including Trieste Shipyard, Hamburg Shipyard, Venice Shipyard, and the newly operational Bagamoyo Shipyard, as well as seventy-three ocean liners and two hundred and fifty-four sailing ships. In tonnage alone, it surpassed the vast majority of nations.

Although Hechingen Overseas Trading Company ought to have been divided into two parts, one belonging to Germany and the other to Austria, its true service target was East Africa.

East Africa's civilian shipping sector was basically nonexistent, so the Hechingen Royal Family's enterprises stood alone at the top, an exceptionally massive monopoly organization that had developed ahead of its time.

Most monopolies in the world had only just taken shape. For example, the United States' Standard Oil Company had been established only last year, and monopolies truly erupted after the economic crisis of 1873 in the original history. Yet the Hohenzollern Conglomerate, by monopolizing East Africa while also monopolizing German trade with the Far East, had become

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