China's Naval Strategy Oil & Shipping Routes

 British control of the seas, and, with it control of world shipping trade, was thus to emerge after Waterloo as one of the three pillars of a new British Empire. The manufactures of Continental Europe, as well as much of the rest of the world, were forced to respond to terms of trade set in London, by the Lloyds shipping insurance and banking syndicates. While Her Royal Britannic Majesty's Navy, the world's largest in that day, policed the world's major sea-lanes and provided cost-free "insurance" for British merchant shipping vessels, competitor fleets were forced to insure their ships against piracy, catastrophe, and acts of war through London's large Lloyd's insurance syndicate.











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