Life on the Moonsea isn't easy. Bandits, pirates, and cruel lords dominate the land, threatening those who make an honest living there. Now, a new scourge is prowling the waters: A ghost ship has been striking small coastal villages, leaving its victims whispering about the "eye of the dracolich."
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Tarkan has played this adventure and would recommend it.
I must admit that I have not run this in full. However I am currently running a Pirate campaign that is based in the Forgotten Realms Moonshea Isles and I have heavily borrowed from this material in order to bring some of my background lore, encounters and mechanics to life. Worth a look if you are running a pirate themed or nautical campaign.