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I have recently captured a trader and after winning the boarding I tried to loot the captured ship, but couldn't figure out how to do it. Looked for the yellow [X] everywhere, but I did not see it and ended up losing the prize and it's cargo when I found myself in the OW and the capped ship gone! Believe me, I was quite pissed and ranted in the forums! However, ranting alone doesn't do much good to other novices like me, so I thought I'd share some of my mistakes with my fellow newbies. My first mistake was the "BATTLE OVER, press ESC to leave", this is the same and only button to exit the boarding menu, the hold/crew/ship management menu and the battle instance. I clicked it once and got out of the boarding menu and not seeing the yellow [X], I clicked it again and ended up in the OW. I wish the exit button was more like "Exit Boarding Menu", then "Exit Ship/Hold/Crew Management Menu", Exit to Open World"...etc, so one knows which stage he/she is before moving to the next. The yellow [X] which is for "Inspect Ship and Hold" is small and not always obvious, especially for inexperienced players. If you don't see it after exiting the Boarding Menu, zoom out, pan around, make sure you are facing the capped enemy ship, keep doing that until you see it. DO NOT PRESS ESC AGAIN! that will throw you out into the open world and lose your prize. Again, I wish the Inspect Ship and Hold menu would pop up automatically after the boarding is won. To veteran players, if there is anything I forgot, please let me know and will add it to the original post. Edit 1: As Hodo pointed out, DO NOT FORGET TO GET YOUR 1st FLEET PERK as soon as possible, so you get to keep your original ship and bring home your prize! To add Fleet perks, see pictures below: