The era of the feared sea pirates Klaus Störtebeker and Gödeke Michels is coming to an end. After a long period with no booty at last a bulging ship appears on the horizon. However, Störtebeker is badly wounded in the attempted capture and the pirates suffer ignominious defeat. Not only their ship is down the drain - Störtebeker himself is suddenly plagued by anxiety and doubt about his very existence as a pirate. He is drawn to the beautiful country girl Bille, while Michels gets rebuffed by th...