Den frygtede sørøver Barbossa kidnapper den smukke guvernørdatter Elizabeth. Hendes ven og hemmelige beundrer Will, beslutter sig for at prøve at redde hende. Men for at starte redningsaktionen tvinges Will til at bede om hjælp fra den ukendte pirat Jack Sparrow, som også har en høne at plukke med Barbossa. Hvad Will ikke ved, er, at der hviler en forbandelse over Barbossa og hans sørøvere. En forbandelse, som skal hæves inden de kan besejres...
Laurent van Horn is the leader of a band of Dutch refugees on a ship seeking freedom in the Carolinas, when the ship is wrecked on the coast of Cartagene, governed by Don Juan Alvardo, a Spanish ruler. Alvarado has Laurent thrown in prison, but the latter escapes, and five-years later is a pirate leader. He poses as the navigator on a ship in which Contessa Francesca, daughter of a Mexican noble, is traveling on her way to marry Alvarado, whom she has never seen. Laurent's pirates capture the ship and Francesca, in order to save another ship, gives her hand-in-marriage to Laurent, who sails her to the pirate hideout. This irks his jealous pirate comrades Anne Bonney and Captain Benjamin Black. They overpower Laurent and send Francesca to Alvarado, and then Mario du Billar, a trusted right-hand man, makes a deal to deliver Laurent to Alvarado.
To avoid the rigors of the law, Gilda flees New Orleans and hides on a Caribbean island where the worst criminals can ask for asylum. Besieged by the scum of the earth, Gilda will soon find out that she has found refuge in hell.
When he unwittingly sends some of his men into a trap, pirate Captain Peter Blood decides to rescue them. They've been taken prisoner by the Spanish Marquis de Riconete who is now using them as slave labor harvesting pearls from the sea.