It's perfect for new pirates. Better than any you can buy with gold, but not good for navigating the high seas. It is excellent for all maps up to level 5.
The perfect ship for getting yer sea legs! Better than any amount of gold doubloons can get ye, but not fit for navigating the high seas. Avast ye: This 'ere ship can't be equipped with designs and isn't as seaworthy on maps over level 5.