A negotiated 1918 peace leaves no workable Washington treaty

How would the Kaiserliche Marine develop if Germany captured Paris in 1918 and reached a negotiated peace?

Germany would retain and modernize a major fleet, preventing a Washington settlement acceptable to Britain and making renewed war more likely.

Taking Paris in 1918 would not necessarily force France out while American troops were arriving and the British blockade still constrained Germany. If a political collapse nevertheless produced negotiations, Germany would retain a major fleet and decisive influence over whatever survived of Austria-Hungary's navy. Britain could not accept the lower treaty status given historically to France or Italy while those Central European fleets remained intact. Germany would rapidly discard its 11-inch-gun ships and complete unfinished modern capital ships before replacing the older 12-inch units. Austria-Hungary's surviving fleet would face a different problem: the empire's breakup could divide its crews and industrial resources. The Tegetthoffs might remain its largest units, with completion of even one Ersatz Monarch dependent on salvaging enough resources from the abandoned programme. The resulting settlement is expected to leave the powers dissatisfied and preparing for another war.