Note that the two red cross flags to the right, in France and Europe, are square rather than curved on the bottom. Could be because they are actual flags instead of just symbols.
Since they are shown on flag poles maybe they mean British flags of conquest or colonies.
England didn't have any contintental holdings in Europe by the time this map was made, and never that far east. Genoa I'm quite sure of, the other I can't say whose flag it is with any certainty.
More importantly, what's this? I say it's the East coast of Nova Scotia, including Mahone Bay, in which is located Oak Island. Note the oak trees. Notice how it shows the tops of the trees on the Spanish side but the land itself on the Portugese side. I think it means that although NS is actually on the Spanish side, the land is claimed by the Portuguese as theirs. Meaning as far as they are concerned.
I believe that is Newfoundland or Labrador, JB - not Nova Scotia. I don't know why any other territory in that part of the world would be referred to as the "Terra del Rey de Portugall."
An odd fact of history is that Spain never showed any interest in those northern parts of the Americas. There was actually a clause in the contract which excluded lands already claimed tby any Christian prince.
France, England, or the Scandivanian states, for instance.
Henry Sinclair was a Christian prince and had claimed Nova Scotia in 1398.
According to legend, not according to fact which can be sustained by documented evidence. In fact, his surviving manorial records from the 1390s don't give any hint that he was away from his own lands for a significant length of time.
The Templars had moved operations to Portugal after 1307 so maybe they saw it as theirs through Sinclair.
The Templars as a whole (or as a remnant) did not move their operations to Portugal. The Portuguese Templars were simply reorganized and re-named, as were the Templars in Aragon.
As for William Sinclair, he lived well after the dissolution of the Templars. The modern Sinclair myth machine has tried to make him out to be a Templar, and Knight of the Golden Fleece, and of Santiago. All have been proven false.
This page says it's Newfoundland but NFLD doesn't look like that while NS does. NFLD is also quite barren whereas NS is full of big deciduous trees, like those oaks http://www.heritage.nf.ca/exploration/portuguese.html
. NFLD has no oak trees at all http://visitnewfoundland.ca/tree.html
Neither does Brazil have any conifers on its shoreline, but I wouldn't doubt for a moment that where this map shows Brazil to be is, in fact, Brazil. Or a piece of Brazil, it's an early map so I wouldn't expect completeness or a high degree of accuracy.
So as far as the Knights of Christ were concerned, they were burying the Ark of Zion, which they had taken from Ethiopia, on Portuguese property.
Why wouldn't the Knights of Christ simply bring it back to Portugal?