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In 1297, King Dinis of Portugal took personal interest in the development of exports and organized the export of surplus production to European countries. On May 10, 1293, he instituted a maritime insurance fund for Portuguese traders living in the County of Flanders, which were to pay certain sums according to tonnage, accrued to them when necessary.
In 1506, King Manuel I of Portugal created taxes for the cod fisheries in Newfoundland waters. [citation needed] João Álvares Fagundes and Pero de Barcelos established fishing outposts in Newfoundland and Nova Scotia around 1521. These were later abandoned, however, when Portuguese colonizers began to focus their efforts mainly on South America.
[1] [2] During this period, Portugal was the first European power to begin building a colonial empire as during the Age of Exploration Portuguese sailors and explorers discovered an eastern route to India (that rounded the Cape of Good Hope) as well as several Atlantic archipelagos (like the Azores, Madeira, and Cape Verde) and colonized the ...
A key supporter of this policy was Infante Dom Henry the Navigator, who had been involved in the capture of Ceuta, and who took the lead role in promoting and financing Portuguese maritime exploration until his death in 1460. [11] At the time, Europeans did not know what lay beyond Cape Bojador on the African coast.
Some time later, the caravels explored the Gulf of Guinea, which led to the discovery of several uninhabited islands: Cape Verde, São Tomé, Príncipe and Annobón. [85] On 13 November 1460, Prince Henry the Navigator died. [86] He had been the leading patron of maritime exploration by Portugal and immediately following his death, exploration ...
The Dutch also demonstrated their maritime strength by seizing Malacca from Portugal in 1641, following a series of battles that began in 1602. Dutch and British interest, fed on new information, led to a movement of commercial expansion, and the foundation of English (1600), and Dutch (1602) chartered companies .
From the manuscript Memória das Armadas que de Portugal passaram à Índia Vasco Núñez de Balboa claiming possession of the Mar del Sur ("South Sea"). Map of the island city Tenochtitlán and Mexico gulf made by one of Hernán Cortés ' men, 1524, Newberry Library , Chicago Discovery of the Mississippi by William H. Powell (1823–1879) is a ...
Year Date Event 80 to 72 BC: The Sertorian War takes place, with Quintus Sertorius, a Roman general, rebelling against Rome with the support of the Lusitanians.: 27 BC: Augustus replaces the old Hispania Ulterior and Citerior division with a new one: Lusitania (Centre and South of modern Portugal and some territory of Modern Spain, namely the capital of Lusitania, Mérida), Baetica (only ...