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Then came the methodically spaced shots from Campbell's pistol. There was a scream from the yardarm and a dark figure fell, all spinning arms and legs, to Sirena's deck.

Geordie got us moving aft, leaving Nick and Ian to cover our retreat. In the companionway Campbell was reloading the pistol as we swarmed below. His lips were curled back in a fierce grin. He motioned us aside curtly and aimed at the yardarm, crouching to steady himself in the hatchway. Another body plummetted down, this time into the sea.

'That's the lot,' Campbell said. He looked drawn and white and near the end of his endurance. In the passageway Clare was standing with her pistol held in a steady hand. The alarm in her face subsided when she saw us. I caught and held her briefly.

The men gathered below and there was a swift redistribution of weapons. Nick lifted a brawny fist. 'I won't need a gun,' he said. He was holding a huge stillson wrench.

A few more shots came from above but they died away, and a short time later Nick and Taffy reported that Esmerelda was clear of enemies below decks at least. With the exception of my brother.

Jim and Geordie went to reconnoitre the forward companionway, after a brief word with Campbell. Somehow he persuaded the Canadian to stay back in the saloon with Mark, Paula and Clare, and I forebore to ask him whether he'd done it by tact or threat. I was deeply relieved, either way.

'They've retreated – they're all aboard Sirena.' Geordie was back with a report. 'I didn't see any sign of Ramirez, but Hadley's all over the place, bellowing orders. He's making a right foul-up of the job too. We're still locked on, damn them.'

'What about Falcon?' I asked.

'The same as before – it's pretty fierce out there. But we've checked the engines and there's no sabotage there, thank the lord. We're going to have to get clear of Sirena and away bloody fast as soon as we can. But how?'

We all looked at one another, desperately searching for ideas.

Geordie swung round to Hunter. 'Bill, how did you get back on board? And where's Rex. Is he okay?' Bill didn't know about Danny yet, but I'd seen his eyes scanning our bunch and he looked grim. It took him a moment to reply.

'I'm sorry, skipper – we lost him. We saw some of Sirena's lot take over the launch. They held guns on our lads and threw them a line to haul them in. They hadn't seen us, so I got Rex and Jim here to slip over the dinghy side and we swamped her. Jim and I got back on board okay, up our ladder, but we had Rex between us and when Esmerelda lurched over he – let go. God, Geordie, I'

'You did your best. It's another one to chalk up to Ramirez,' said Geordie curtly. I left them together and went up to take another look at Falcon, feeling sick and depressed. The launch still bobbed at the end of its line, but somewhere under that twitching sea lay our dinghy and one of our crewmen.

The distance to the belching gout of smoke seemed less. Either we were dragging our anchor, which was very likely with the disturbance under her hull and the extra weight of Sirena alongside, or the area of eruption was enlarging – an even more alarming prospect. There was even more steam than before and I longed to know what was going on behind that red-lit misty curtain. I would have very much liked to ask Mark's opinion.

I went back down to Geordie. 'We've got to get out of here before Falcon really starts acting up.'

He looked across the sea. 'It's weird, I'll grant you, but is it that serious? Lots of observers have seen eruptions at sea before now. And Mark said it's been going on for days already.'

This is just an overture,' I said. No time now to begin a lecture on undersea vulcanology. 'I don't think we should be around when the finale's being played.'

'Oh, I want out too, make no mistake. But we've got a closer problem than Falcon right now – our friends out there. I wish to God I knew where Ramirez was, and what he's planning. Bill, could you see any sign of tampering with our hull? They've threatened us with explosives.'

Bill shook his head. 'No, skipper. At least not that I've seen.'

My warning about Falcon seemed to have passed Geordie by – it was something quite out of his experience. He was still wholly concerned with unshackling Esmerelda, and certainly for the moment he was right.

I asked, 'What the hell can we do?'

'Well, whoever's in command over there – Ramirez or Hadley – will want to get free as much as we do. They're in danger just as we are. And I don't think they'll find it so easy to retake us now, or blow us up as they threatened. Knowing Ramirez he may be prepared to cut his losses.'

'And try another time?'

'Another time isn't our problem right now. Let's solve this one first.'

He was right, and we waited in silence, aware that a plan was forming in his mind. At last he said, 'I reckon we should call a truce. If we send a man up the mast they won't fire at him if they know why he's going up there.'

'What's the good of sending one man up? They've had a dozen men up there for an age and they haven't been able to achieve much.'

'I've got an idea about that,' Geordie said, and passed the word for Jim to join us. 'Got any more of that plastic explosive, Jim?' he asked.

Jim shook his head. 'No, I only had the bit I used on their engine.'

Geordie pointed to the masts. 'See that yardarm – where it's tangled with rigging? Could you blow it off if you fastened a hand grenade on each side of the spar?'

I stared at him, but Jim was already immersed in technicalities. 'It would be a bit tricky, skipper. Grenades aren't exactly meant for that sort of thing.' He peered at the spars doubtfully. 'It's steel tubing.'

'Of course,' said Geordie. 'If it was wood they'd have chopped it through by now. Steel halliards too.'

'I dunno,' said Jim honestly.

'It would weaken the spar though, wouldn't it?' Geordie persisted.

'It wouldn't do it any good, if that's what you want.'

'Hell, come down to brass tacks. Suppose I have the engine going and put a strain on the yardarm after the grenades are blown, do you think that would do the trick?'

'I reckon it might,' said Jim slowly. 'It would be a nice job to place the grenades right.'

Geordie had trapped him neatly.

'You'll have a go then? You're our expert.'

Jim grinned. 'I'll give it a bash – if they don't shoot me.'

'Good,' said Geordie briskly. 'We'll take care of that part of it. You gather together what you need and I'll get those grenades. I knew we'd find a use for them. Mike, you'll be the best man to negotiate. Try to settle terms for an armistice with that bunch of pirates.'

I wondered if Ramirez would realize that if he let us go he might never catch up with us again. We would forever be a threat to his freedom, and he might never agree to such terms. There seemed to be too many imponderables. And there was Falcon… We were very vulnerable – underarmed, undermanned, and in no position to dictate terms. And then I thought of Clare, and how precious she had become to me. Whatever else, I was determined that she should survive, and to hell with the rest.

I crawled into the wheelhouse, keeping below window level, and raised the loudhailer.

'Ahoy, Sirena!' I shouted. 'Ahoy, Ramirez-can you hear me?'

A shot was fired at the wheelhouse. I heard the smash of broken glass and a small shower of it fell near me. There was shouting and then silence. The only sound came from the ships as they creaked and groaned together and from the hissing of the volcano behind us.

'Sirena! Ramirez! I want to talk to you.'

My knuckles were white round the loudhailer. The silence was finally broken by a harsh voice. 'Well?'

'Is that you, Ramirez?'

'Yes. What do you want?'

That volcano – it's going to erupt at any moment. Hell, it's started.' 'I know.' He sounded frustrated and I almost smiled with relief. He'd cooperate.