Oh good point ! Now that you mention it, I'm interested in changing it.
I will be honest I forget how much of the lore I have changed already... Lolol We are just now getting around to playing the campaign.
Currently the book has the Vestenmennevenjar, as merchant companies... But the details are probably too "lite". They have their Viking heritage but that's something from nearly 600 years ago ish...
I may end up rewriting some of these sections to fit the age of sail better, Which means probably leaning into the Dutch trading companies and such.
I did make changes to how many sorcerers there could be (one per court, sanctioned by a crown). And added a little bit of cultural lore as to why sorcerers are even remotely tolerated at all.
So you can expect there maybe other changes as we start to play out the campaign.
I started with the bones of second edition and I will probably continue to change until it's entirely its own thing.