Jacob Two-Two on the High Seas by Cary Fagan, illustrated y Dusan Petricic

From chapters.ca:
He's back! The late Mordecai Richler had planned more adventures for his small hero and now, with the full support of the Richler family, award- winning author Cary Fagan carries on the tradition in a hilarious story for a whole new generation of Jacob fans. After Jacob Two-Two's father writes a very important novel, the family makes plans to move to Canada. They board the SS Spring- a- Leak for a journey across the ocean. Jacob Two- Two makes some new acquaintances - the unbelievably handsome Captain Sparkletooth, the acrobatic Bubov Brothers, the failed toy inventor Mr. Peabody, and the giant but gentle Morgenbesser. Most important, he makes friends with young Cindy Snootcastle, who keeps a secret treasure in her pocket. But something is wrong on the SS Spring- a- Leak. A series of clues - a black eye patch; a parrot who squawks "Apple sauce in your underpants!"; and a sailing ship flying the Jolly Roger - can only mean trouble. Will the intrepid Shapiro and the fearless O'Toole really be left on a desert island? Will Jacob Two-Two be made to walk the plank?