Indian Ocean Ocean, ultimately reaching the coastal countries of East Africa. In 1497 Portuguese navigator Vasco da Gama rounded the Cape of Good Hope and became the first European to sail to India (with the help of an Indian sailor) and later the Far East. The European ships, armed with heavy cannon, quickly dominated trade. Portugal achieved pre-eminence by setting up forts at the important straits and ports. Their hegemony along the coasts of Africa and Asia lasted until the mid 17th century. Later, the Portuguese were challenged by other European powers. The Dutch East India Company (1602–1798) sought control of trade
Portuguese discovery of the sea route to India warn that both the routes would explored by the Portuguese Crown. There is news of an Italian merchant who spread the good news in Florence. The merchant refers to Melinde. With the opening of the sea route to the East Indies, the Venetians, who controlled the trade of the Mediterranean, bought pepper from the Portuguese, at half the price they paid to the Arabs in Egypt. The fall of the Venetian monopoly on the spice trade in Europe and the resulting drop in prices of spices contributed to the commercial development of the continent. Portuguese discovery of the sea route