Titan

The  Titan  is a floating barrel that can be moved and steered by using a paddle, which can be crafted at an anvil.

In-game Description
...What?

Usage
Its only use is to have fun.

Before a recent patch however, a player could lock to the pole at the back of the barrel and sit on another ship's cannon at the same time. This allowed the paddler to literally steal a ship. (Un)fortunately, the glitch was patched by nahr. The patch prevents players from being locked to a ship and sitting on a cannon at the same time, effectively rendering the glitch impossible.