how does pip get abandoned by the pequod and what is the result of this?

When on a lowering after a whale, Pip becomes so frightened that he jumps from the boat and becomes entangled in the whale line, which wraps around his chest and neck. The line is cut, and Pip is saved but chastised severely for his cowardice and told that he will be left at sea if he jumps again. Pip, however, does jump again and Stubb remains true to his word. However, a nearby boat saves Pip. The event "drowned the infinite of his soul."