It was a disaster for Venice, a major setback among the many battles fought in the 13th and 14th centuries between Pisa, Genoa, and Venice in a long series of wars for the control of Mediterranean and Levantine trade.

[citation needed] The fleets of the two states were apparently equal in number, but, after the Venetians ran their galleys aground while trying to capture the Genoese galleys, Doria exhibited superior strategy and managed to inflict a resounding defeat on his enemies.

The disaster seemed almost complete for Venice: 83 of their 95 ships were destroyed and about 7,000 men were killed.

Venice suffered heavy losses, but she managed to immediately equip another 100 galleys and sought to obtain reasonable peace conditions that did not significantly hamper its power and prosperity.

[citation needed] According to a later tradition (16th century) recorded by Giovanni Battista Ramusio, Marco Polo was one of those among the Venetian prisoners and he dictated his famous book during the few months of his imprisonment; but whether he was actually captured at this battle or at a previous minor engagement near Laiazzo is unclear.