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Lifebuoy

Lifebuoy, a life preserver.
Can save you if you keep it in your/boat inventory.

Health: 50
Time: 1 day
Speed: 2.5
(for comparison: Log Raft speed - 4, and Row Boat speed - 6)

- Waves cause less damage if you are using it (20% of normal damage i.e. -1).
- Each wave temporary slows down the speed.
- Snake skin as flotsam (but it sinks very fast).

Behaviour: this item will save you WITHOUT teleporting to the land after your boat is broken. Then you are able to pick up your items and swim anywhere to save yourself from real death in the ocean. Always take it with you if you are going to travel.

Also you can use it as a boat but, well, it's not a boat. It's too slow for comfort traveling.

Recipe: 1 log + 3 snake skins.

This is stable version. I tested it many times and in many ways. I'm not sure what else to check. But as usual there may be something that I missed. Let me know if you got an issue.