Some bug fixes in various features, such as:
•         Various random crashes fixed
•         Various issues with Steward and Routes fixed
•         Various updates applied to missions
•         Some display issues and typos fixed
A number of community requested improvements have been added:
•         Advisor hints are less frequent and more appropriate
•         Shipyard, even when the player's rank has raised, still offer small vessels for sale
•         You know see your reputation improve when you hunt pirates and destroy pirate lairs
•         Looting towns is now more rewarding
•         Mission rewards for commodities transport missions has been leveled
•         You now have access to more missions  essentially missions given by Governors  and even sabotage missions
•         The steward may now also buy commodities
•         You may click on citizens (and listen to their feedback about the current situation)
•         If a town needs construction materials, the price for those materials also increases on the market
•         When you play on your own, you may now choose your own color
•         You now have access to more starting options when you play a Free Game
•         You may now set game speed to 0
•         Player convoys may now only be set on Patrol mode in your own town to protect it (if that convoy is fighting, no one else can attack the town)
•         Convoys on Patrol will automatically optimize their fighting power after each battle they win
•         Shipyards in player towns will now have more frequently vessels to sell
•         Doubled the view range of convoys
•         Special buildings can now only be built when the player achieves a specific rank
Some improvements have been made to naval battles:
•         Explosive barrels are easier to use as they last longer
•         Explosive barrels have a larger range
•         You may now also use the middle mouse button to dispatch explosive barrels
•         Sail damage now has bigger impact (and makes boarding easier)
New features
•         Try your luck to make some money in Taverns
•         The Treasure fleet is implemented: convoys are easily spotted on the sea map and transport a lot of gold (especially when going back to Europe)
•         More animated portraits, for instance for reports from town administrators and viceroys
•         Two new commercial routes strategies are available to either distribute resources among warehouses or to centralize them in one warehouse
•         The strategy Empty warehouse now empties only the first warehouse on the route
•         You may now use an Xbox gamepad to play Port Royale 3
•         If, on the sea map, you click on a town using the middle mouse button, the building menu for that town will open and you don't have to go into that town anymore to build things