On the return voyage.
Liszt was full of confidence. The battle at sea had ended successfully, the naval forces of the Eagle Kingdom were almost entirely destroyed, and the Sea of Azure Waves had once again become an inland sea of the Duchy of Sapphire, free for him to traverse without any hindrance.
Maritime trade would also be a lot safer.
Now, with the trade of glass, white paper, and sea salt from the Flame Territory gradually picking up, the lack of Eagle Kingdom ships at sea made it very convenient for him to conduct smuggling trade with Marquis Nuta—serfs were always the most anticipated trade goods for Liszt, and you could never have too many people.
Moreover, in this naval battle, nearly all of the Eagle Kingdom's shipbuilding craftsmen had been captured by him.