This is the first LEGO Castle boat that includes actual oars instead of spears. The only weapon on board is a crossbow. The boat's cargo consists of a barrel filled with two yellow round plates that act as gold coins.
The only thing that gives away this set's affiliation to the Black Falcons is a single shield with the Black Falcons' crest on it. The design of the minifigures as well as the boat's dragon head suggest a connection to the Black Knights.