Woody is employed by a company running pirate boat parties for tourists. When a new rival company threatens to sabotage the business, Woody is asked to come on board and help. But once on the boat (and, of course, deep undercover as a pretend pirate), Woody discovers all is not what is seems. Kidnapped at sea, Woody's life is in danger as pretend pirate battles turn into real ones. Once more Woody must rely on his wits and clever disguises, including the infamous British spy Peter Smiley, and of course on his friends, to get him out of trouble.