Captain Dread Eye sailed the Black Sea in search of treasure that was rumored to be on an island owned by Captain Red Beard. During a storm, a cow was scared overboard by lightning. The next day, they found the island but were attacked by Captain Red Beard. A battle ensued between the ships that included cannons and a giant squid, which ultimately resulted in Captain Red Beard's ship sinking in defeat as Dread Eye's crew prevailed.