A ruler-like symbol used to measure distance on a map is a scale. It shows the ratio of the distance on the map to the actual distance.
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In other words: they sailed from Hennø in Norway, heading due west towards Greenland, between Shetland and the Faroes and south of Iceland
Central America refers to the seven states south of Mexico: Belize, Guatemala, Honduras, El Salvador, Nicaragua, Costa Rica, and Panama. Panama borders the South American country of Colombia. During the colonial era, Panama was included in the part of South America controlled by the Spanish.
In addition to a desire for economic profit, nationalism also served as a reason for colonization. After the French Revolution, European nations had a strong sense of national pride, and felt that in order to prove themselves as a strong world power, they would need to gain control of other countries.