This quest is not available in game.
Buy First Mate Fitzsimmons a Flagon of Mead.
I was once First Mate on the Wave Mistress, ship-of-the-line in the Kul Tiras Third Fleet. The Doomed Fleet. Doomed, for on its last voyage the fleet was attacked by Red Dragons. Dragons controlled by Orcs!
We didn't stand a chance against that dragonfire...and our fleet was burned and sunk off this here coast. I'm the sole survivor of those poor vessels...
...Oh, my head hammers and pounds! I'll need a fresh drink if I'm to get a handle on this hangover and continue my tale.