Originally posted by Renlish:

Originally posted by knighttemplar1960:

To add to this a bit. If you have open inventory slots, enough carrying weight available, auto gather turned on, and you stand on the ship's mast when the serpent breaks your ship the ship parts will go into your inventory. When the serpent kills you the parts will be in your floating corpse's inventory.

This is I did not know! Granted death at sea has only happened a couple times but I shall do this next time. :)

You can do the same kind of thing with your axe. Once you sail and set up a portal, you can stand on the mast, chop the boat until it breaks, the bits go into your inventory when the boat breaks and you drop into the water. You can portal the parts back and rebuild it elsewhere.