Woo Moo-chi was once the leader of a band of outlaws. He and his right-hand man, Kang Seob, must team up with a motley crew of pirates led by captain, Hae Rang, to embark on a treacherous ocean voyage searching for the lost treasure of the Goryeo royal family. The pirates find themselves fighting for the hidden treasure against rebel, Bu Heung-soo.
This swashbuckling period adventure, also known as The Pirates: Goblin Flag, is a spiritual sequel to the 2014 box-office hit The Pirates. Kim Jeong-hoon (The Accidental Detective) takes over as director with the story by Chun Sung-il, one of the screenwriters from the first movie. It also features a star-studded cast led by Kang Ha-neul (Waiting for Rain), Han Hyo-joo (The Sun Does Not Move), Lee Kwang-soo (Sinkhole), Kwon Sang-woo (Hitman: Agent Jun), Kim Sung-oh (Night of the Undead), Chae Soo-bin (Sweet & Sour) and K-pop idol Sehun from EXO (Catman).
The Pirates 2 is set to premier in January 2022 over the New Year holiday.