The ship spent much of the rest of the year preparing for the next major cruise, which began on 5 December. By this time, the ship had come under the command of "Korvettenkapitän" (Corvette Captain) Lothar von Arnauld de la Perière, who had come aboard in September. The ship steamed down to the Mediterranean Sea and stopped in Istanbul, Turkey, before traveling south through the Suez Canal, across the Indian Ocean to the Dutch East Indies, and then to Australia. "Emden" then crossed the Pacific to Hawaii before proceeding to the west coast of the United States. She then steamed south to the Panama Canal, which she transited to the Caribbean Sea. The ship then crossed to Las Palmas in the Canary Islands before returning to Wilhelmshaven, which she reached on 13 December 1929.