Port Royale 2 Could Not Find Translation Files

Lock the game's execution to 60 FPS through your graphics card control panel (NVIDIA Control Panel or AMD Radeon Software) to prevent the game physics from speeding up abnormally.

Your Registry should now look similar to this:

This error essentially means the game cannot locate the text files required to display the language interface. It often occurs after a fresh installation, a patch, or when moving the game folder from a different computer.