Alright guys. Just bringing you the bad news.
In PVE you don't wanna park your ship in to lawless anymore. I mean outside your claimed territory.
If you park your ship near some player's water tower - all fine. Nothing will happen to your ship.
If you park your ship, and some player place his water tower after that (and he can demolish his tower and place new one) with your ship inside of this tower radius, then... well...
After 30 minutes (or earlier, if player will speed up his tower with gold), after water tower hit 100% (500 000 hp), all ships within it's radius will stays with their formal owners. BUT ALL PARTS OF SHIPS WILL BE CLAIMED! All sails, planks, ceilings, cannons, boxes, etc. Meaning the new owner can just remove some of your planks and scuttle your ship, and you won't be able to use doors, sails, wheel, etc.
Further more. In PVE after I claim all parts of the ship with tower - I can climb in to the ship and place my F1 flag...
And in 4h 35 minutes just claim the ship.
So... let me count this one for you. With 200 gold putting in to tower by CD player can get water tower to 100% in 10 minutes.
(it needs to gain 450 000 hp. It works 250hp/sec and with gold it adds around 500hp/sec).
So 10 minutes is your time limit. After that your ship parked near lawless shore is at huge risk. Check carefully where you wanna dig your next treasure.