Captain Zero tells his tugs about a special cargo that has to be collected at night which he refers to as 'treasure'. He puts Zorran in charge of the job.
Later, Zorran collects and docks a cargo ship that Burke and Blair were going to scrap. That night, the 'treasure' ship arrives, and the cargo is unloaded onto a barge by the quay near the scrap ship. Zorran and the Z-Stacks intend to collect the barge the next morning.
However, Zorran is surprised to find out the barge and the wrecked ship have disappeared the next morning. Zorran goes in search of them and spots Ten Cents. He asks Ten Cents for help, but Ten Cents is upset because the Z-Stacks have all of the jobs.
Ten Cents agrees to help as a deal that they would get more work. The Star Tugs start to search around Bigg City to find the 'treasure'. Eventually, Ten Cents concludes that Burke and Blair might have taken the 'treasure' along with Zorran's scrap.
Ten Cents' hunch was correct, and they manage to retrieve the 'treasure' from the two scrap dealers. Captain Zero finds out what had happened and Zorran is reprimanded. Eventually, Zorran comes to the Star Tug pier, and he tells the Stars that Captain Zero had offered them some unimportant jobs.
- Ten Cents
- Big Mac
- Captain Zero
- Burke and Blair
- Zug (does not speak)
- Zip (does not speak)
- Sunshine (cameo)
- Zebedee (cameo)
- Unlike most stories, Treasure Hunt is one of the only stories to focus more on the Z-Stacks.
- This is the fourth story to feature Burke and Blair.
- In one of the illustrations, Warrior is missing his fire hose.
- Zorran's number is missing in one of the illustrations.