After its establishment, the company aroused a lot of opposition in Sweden, as despite the long-distance shipping and direct purchases "from the source" aligned with the mercantilist principles, the planned import of foreign manufactured and luxury goods was hard to reconcile with.

[4] Upon the Ulrica Eleonora's arrival at Porto Novo in September,[5] the officers onboard immediately began negotiations with agents from the Mughal Emperor.

[6] After a month, when the monsoon came, Petter von Utfall decided it was best for the Ulrica Eleonora to sail towards Bengal for refitting during the winter instead taking a planned trip to China, and to leave some people behind in Porto Novo to open up trade.

[7][4] Several members of the crew, Charles Barrington, Thomson, Thomas Combes, and the writer, along with 36 others remained in Porto Novo to protect the warehouse and conduct trade with the goods already accumulated.

However, Thomson heard a rumour that George Morton Pitt, the Governor of Madras, "designs to play the devil with us; but I hope their boastings will not frighten any of our friends or the concerned, for we are not apprehensive of anything they can do to us.

[8] This force, led by Captain de la Farelle, sailed down the coast towards Porto Novo and subsequently landed there.

However, Charles Barrington, who the British were more eager to catch, managed to escape alongside some people, taking refuge in Danish Tranquebar.

[4] In early 1734, the Ulrica Eleonora headed back to Porto Novo in order to collect her cargo after being refitted for the home voyage to Sweden.

[18] Following her repulsion from Porto Novo, the Ulrica Eleonora went around southern India and later proceeded along the Malabar Coast towards the town of Cochin, with the intention to collect water.

After meeting, the Ulrica Eleonora was finally given the water they desperately needed, and her crew bought supplies at a high cost on the island, along with fifteen Lascars joining the voyage.