I would love it, but I agree with spag that for now anyway we will put it on hold...
I also don't think it would work out for a few reasons. Firstly, what the hell would any prospective girls do? secondly, I doubt even you, winter, could tell me what a main chain, a stay sail, or a cannonade is without looking it up.(you may know what a cannonade is, but those are just examples of the naval terminology needed for a rp such as this one.)
Also, how would it be formatted? somehow I don't think everybody on one ship would work, because the highest up would basically god mod the whole thing. But neither would having separate ships, due to the lack of contact with one another. So unless you wanted to get really intricate on our arses with a fleet in being and a chain of command as well as a master of the RP who does not play, but rather dictates events, then I don't see how it could be done. unless of course you only had two or three people in the RP, then it might work...
IDK, spell out your idea more and we will see.