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In page Imperial German Navy:

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The Imperial Navy achieved some important operational feats. At the Battle of Coronel, it inflicted the first major defeat on the Royal Navy in over one hundred years, although the German squadron of ships was subsequently defeated at the Battle of the Falkland Islands, only one ship escaping destruction. The Navy also emerged from the fleet action of the Battle of Jutland having destroyed more ships than it lost, although the strategic value of both of these encounters was minimal.[citation needed]