Johnny Depp

Shiver me timbers! Another Pirates of the Caribbean is coming.

To announce the big news, Johnny Depp sailed onstage upon a pirate ship at the Anaheim Convention Center on Friday to announce the upcoming fourth installment of the Disney franchise, according to The Associated Press.

Check out photos of Johnny Depp through the years

Depp, dressed as his pirate alter-ego, Capt. Jack Sparrow, announced the news to about 5,000 fans at the D23 Expo.

Depp will reprise his role in Pirates of the Caribbean: On Stranger Tides, scheduled to hit theaters in summer of 2011.

Are you excited for the next Pirates?