One of the co-stars in this sea going epic said two years ago, "there are like 21 books of Master and Commander, and Fox already own the ship so a lot of people, I think were confused as to why there hasn't been a sequel yet. We'll just have to wait and see. There is talk of it and Peter Weir said that I won't die in the next one, but he said I will die in the third one. So I've still got another movie, and then I've got a death scene! So great! I do hope they make some more as I had great fun making that film." 

A third party encounter with Russell Crowe was reported in a Los Angeles Blog. Al Sorkin and Crowe a discussed the project a few months back aboard ship, docked in the San Diego Maritime Museum. Al was an extra and technical advisor on "Master and Commander." Al chatted with Crowe a bit and then attended a local concert with him... "He is definitely interested in a sequel.  

There is also considerable work being done on the rig (HMS Surprise) to make her re-seaworthy. Ratlines (polyprope) are being replaced (I think with roblon). The Headrig has more saftey lines being run out. And there is a lot of clean up below deck. It was amazing what was left in the fridge freezer. Russell indicated that though Peter Weir is not interested in doing another that possibly a different director would work it out. It would include more land shots and thus can develop the espionage angles and the romance angles."

It has been conjectured that the Master and Commander sequel will be from the Patrick O'Brian book "Post Captain":, actually Book 2 of the series. 

"We've beat them before and we'll beat them again." In 1803 Napoleon smashes the Peace of Amiens, and Captain Jack Aubrey, R. N., taking refuge in France from his creditors, is interned. He escapes from France, from debtor's Prison, from a possible mutiny, and pursues his quarry straight into the mouth of a French-held harbor.

Stay tuned, we'll let you know when to get the tickets and popcorn.