Like a pirate ship stalking the high seas, Port Royale 3 is biding its time until it's Q2 2012 launch. That doesn't mean Kalypso isn't going to give us an announcement trailer for their upcoming swashbuckling economics sim. Some gameplay footage would've been nice but at least this trailer handily summarizes the economy of pirates--namely, jump onto another ship and steal anything that isn't bolted down.