CAPT'N SHARKY may be small, but he sure believes himself to be the most fearsome pirate of the seven seas. His stately ship is as good as ready for her maiden voyage and all Sharky needs is a compass and a real crew. Little did he know that both will have their price - Accidently Sharky has quite a bit of stowaway on board: MICKEY, who's wrongfully taken as a thief, and BONNIE, the ADMIRAL'S daughter, who ran away from her father. Turns out she has the compass that Sharky so desperately needs. But she'll only trade it for a place on his ship. A girl and a landlubber - not exactly the ruthless and unscrupulous crew Sharky was hoping for. Especially now that the admiral believes Sharky to be Bonnie's kidnapper, the little pirate wishes to be more like OLD BILL and his lot. But the old pirate is more interested in the price on Sharky's head than in helping him defeat the Admiral. Sharky's false pride makes for another bump in the road. Soon he has to realize that there's more to life than being the most fearsome pirate and that's being a true friend. When Bonnie and Mickey are held captive by the Admiral, Sharky is bravely on his way to rescue his friends when his ship gets hit by a canon. In the end it all works out and Sharky ends up with the best pirate crew after all: Mickey can't wait to sail the high seas and the admiral admits that Bonnie makes for a far better pirate than a lady. If Sharky initially just wanted to be the most fearsome pirate, he is now a real captain.