1793: Harry Ludlow, forced out of the Royal Navy, becomes a privateer in partnership with his younger brother James. But for the Ludlows, murder and intrigue take more of their time than hunting fat trading vessels. Harry and James find themselves aboard the Navy's 74-gun Magnanime . In command is a captain with whom Harry has crossed swords in the past. When James is found standing over the body of a dead officer, Harry's feud shifts into the background.
1794: Arriving in the squalid, seething port of Genoa, Harry Ludlow and his partner and younger brother, James, find it a tinderbox of tension, fed by the discovery of a hanged British sea captain and packs of English and French sailors at each other's throats.
1794: Returning to England, Harry and James become embroiled in a vicious struggle between rival smugglers played out in the English Channel. Witnesses to a bloody confrontation, they flee to Deal—only to find that, behind its picturesque facade, the town is a haven for traders in contraband, seething with corruption and violence.
1795: As war spreads across the globe, Harry Ludlow joins the struggle for the richest trade in the world. When half his crew is illegally pressed into the Royal Navy by the vicious Captain Toner, Harry sets off in pursuit. Toner's ship reaches the West Indies with Harry close behind, and they sail into a maelstrom of piracy, corruption, and murder stirred up by a French privateer.
The discovery of an abandoned Spanish merchant ship off the coast of America plunges the Ludlows into a far-reaching conspiracy fueled by jealousy, ambition and nationalistic fervor. The Bucephalas lies trapped under the gaping muzzles of the 32-pounder Spanish guns of New Orleans' harbor fort. It quickly becomes clear that the corridors of the governor's residence are just as busy with treachery, double-dealing, and murder as the back alleys of the sweltering city outside.
The long-awaited return of the Bucephalas to the safety of the Cinque Ports is interrupted by a disastrous engagement in the Channel. The looming shape of a merchantman becalmed in fog presents an almost irresistible allure. But for Harry Ludlow and his battle-weary crew, the pursuit of one last easy prize leads to a desperate fight.