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This is just to clarify some questions, but if you lose a battle between ships and your ship is destroyed, you don't actually lose the ship. There are two conditions which will determine when a ship can be used again though:

- If your ship sinks and your hometown is not currently being pillaged or blockaded, you can use your ship again 15 minutes after your defeat.

- If your ship sinks and your hometown is currently being pillaged or blockaded, you can use your ship again one hour after your defeat unless the pillage or blockade ends during that period.

This also applies to a pirate's stolen ship if that is the ship to sink. If you have more than one ship you can use another when you feel like it. If a pirate's legitimate ship is destroyed, a stolen one can be used.