"Quicquid delirant reges plectuntur achivi"
For thousands of years the Mediterranean was the theater of struggle for economic world supremacy. Phoenicia, Greece, Carthage, Rome, and Venice, each in turn, rose to power. Along that littoral competition for economic dominance was decided by sea power.
The theater of struggle through the centuries slowly moved westward. Its location in large measure was based upon the availability and proximity of trade routes to India and China, containing one-half of the world's population. The denial by the Turks of the caravan routes from the eastern Mediterranean to the Far East and India forced world trade to seek the ocean routes via Cape of Good Hope and later, after the Americas were discovered, via Cape Horn. The Suez Canal and the Panama Canal now give secure transit by water to the Orient. The theater of a coming struggle, in consequence, has moved to the doorsteps of the Far East. There the naval battles of the future will be fought for economic world dominance.