The Shark's Nest: 7/25/1938 to 11/5/1938

The Phantom is aboard the Queen of Suez when it responds to a distress call. The call is from the Shark's Nest, which turns out to be a pirate vessel commanded by Baron Grover. The Phantom sneaks aboard the Shark's Nest. He is captured, then escapes. The pirates flee to their base to avoid a government patrol. They again capture the Phantom, who escapes, notifies the government vessel, then returns to captivity to delay/distract the pirates till the marines arrive.