Great Naval Battles Vol. IV: Burning Steel, 1939-1942

From Wikipedia

Great Naval Battles is a series of computer games by Strategic Simulations which simulate combat between naval vessels. It consist of five separate games, four of which depict various phases of World War II. Each game combines a wider view of the action on a fleet scale, as well as controls for individual ships.

Great Naval Battles 4: Burning Steel 1939-1942 was released in 1995 and constituted a major overhaul of the game. It utilized entirely new procedures and interfaces. Several new features were provided, including the ability to full customize each combat scenario.