The Pirate Round by James L. Nelson (2003, Paperback, Reprint)

In 1706, war still rages in Europe, and the tobacco planters of the Virginia colony's tidewater struggle against shrinking markets and pirates lurking off the coast. But American seafarers have found a new source of wealth: the Indian Ocean and ships carrying fabulous treasure to the great Mogul of India.

Faced with ruin, former pirate Thomas Marlowe is determined to find a way to the riches of the East. Carrying his crop of tobacco in his privateer, Elizabeth Galley, he secretly plans to continue on to the Indian Ocean to hunt the Mogul's ships. But Marlowe does not know that he is sailing into a triangle of hatred and vengeance -- a rendezvous with two bitter enemies from his past. Ultimately, none will emerge unscathed from the blood and thunder, the treachery and danger, of sailing the Pirate Round.