Due to some timing issues getting to the library, I went ahead and started The Maelstrom's Eye by Roger E. Moore before starting some of the other books in the TBR pile.
Anyway, we're back with Teldin as his ship reaches the Rock of Bral, where he can contact the Elven Fleet. Which is fine, except unknown to everyone, the Scro are back and hell bent on exterminating the Elves. (Scro are Space Orcs.) Unfortunately, said Scro get in contact with a lich who can trace the cloak and contracts them to go after Teldin to get the Cloak. However, once they know what the Cloak is and does, they start their own plots to get it.
In the meantime, Teldin does meet up with the Elves, who inform him that his cloak is The Cloak of the First Pilot, which would allow him to control the legendary SpellJammer, thus why everyone wants it. Including the Elves.
What follows is essentially a drawn out chase across a few systems, as everyone goes after Teldin and we find out just about everyone has a spy on his ship. On the other hand, one character thought to be dead at the end of the first book comes back.
It is kind of silly, but it's also hard to to get excited when the ship lands on a "megafauna", a giant creature with a foot that's about the size of a continent.