Board Thread:General Discussion/@comment-24589671-20140522134358/@comment-9241531-20140522194551

DarKingdomHearts wrote: The boat doesn't have Pegasus feathered sails. Hook burned those after Liam's death.

Thx for the tip. Edited theory, then:

Hook traded his boat to someone. Maybe it WILL tie into Elsa's storyline. There was a big shipping community in Frozen. So maybe someone needed a boat? In which case, this question/storyline would most likely be solved in 4A.