peareater

Gods be praised, I found a solution! I'm on version 4.1.2.0047 of the game. I was in the situation where I had "The Coming Storm" quest, and the quest description for "A Dance with Death" said something about being ready to return to Aeldys with the Floating Hangman. When I got to Dunnage, she gave me a second sabre. Then I talked to her again, and she repeated what she said about looting Ukaizo. At this point, Fonferrus was still my active ship. I sailed back to Nekataka, went ashore, changed my active ship to my junk, went to sea, went ashore, changed my active ship back to Fonferrus, and then sailed back to Dunnage. This time, I got the dialogue option that says something like "I'm the captain of the Floating Hangman." My guess is that the issue is somehow tied to the active ship. Switching ships (twice) at Nekataka before returning to Aeldys at Dunnage seemed to make the difference. I hope this helps someone else.