In the meantime, Disney has unveiled plans for a Pirates of the Caribbean attraction at Shanghai Disneyland Resort, set to open in 2015.
The actor is reportedly interested in playing the revenge seeking Captain Brand. This time, Captain Jack Sparrow is in search of a mythical trident.
A witch will be Jack Sparrow's new love interest, while a ghost teams up with Barbosa in this Disney sequel.
The delay is due to script issues, though the news comes in the aftermath of the mega-budget bombing of The Lone Ranger.
The fifth installment of this popular Disney adventure series takes a nod from the theme park attraction it's based upon.
The filmmakers beat out Rupert Sanders and Fredrik Bond for the coveted job of directing Captain Jack Sparrow's latest adventure.
Kon-Tiki directors Espen Sandberg and Joachim Ronning are also in the running, along with The Necessary Death of Charlie Countryman's Fredrik Bond.
Cameron Crowe's upcoming project Deep Tiki is also said to be headed to the island State for production.
Walt Disney Studios confirms Captain America: The Winter Soldier and Guardians of the Galaxy will be in 3D, along with more official release dates.
The Tower Heist writer will tackle the script for this sequel starring Johnny Depp as Captain Jack Sparrow.
Walt Disney Studios bales on Hawaii for this latest sequel, instead taking the new aggressive incentives offered by Puerto Rico.
Jerry Bruckheimer Films is not seeking a new screenwriter for the fifth Captain Jack Sparrow adventure.
Terry Rossio's script, which was completed back in May, will apparently not be used for the new Captain Jack Sparrow adventure.
Actor Kevin McNally believes the next sequel could hit theaters in 2013, while he also discusses his role in The Raven.
This news comes on the heels that Pirates of the Caribbean: On Stranger Tides passed the $1 billion mark worldwide.
Johnny Depp does want to return as Captain Jack Sparrow, although he wants to 'hold off a bit' on the fifth installment of this pirate series.
The producer reveals that a script for the fifth chapter of this popular franchise is already being written.
Disney is making moves to bring back director Rob Marshall for the fifth installment.
If 'all of the pieces come together' the actor reveals he is definitely interested in revisiting Captain Jack Sparrow once again.
The cast and crew have been instructed to set aside a huge block of time in the near future for the two sequels.