LOST ARK - What happens when your Ship Breaks Completely at Sea

So I've been playing Lost Ark for a few months and never had my ship go fully broke, and I've been always wondering what would happen if it does.
Would I lose some of my Inventory Items? Or maybe Purgatory? Transported to a mystical place?
It turns out that all it does is make your screen turn grey and you could go to any Harbor nearby without needing to worry about ship losing health, and repair there.
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[@ButtercoreFTW]

so basically nothing, just time to get to a port

[@mrmaniac9905]

seems like it

[@ZEMUNBRE]

You won't lose items or sink, however you can't join any events and instances if ship is broke.

[@shootingsheep957]

Yea basically you lose nothing of importance, just events and instances

[@OnceShy_TwiceBitten]

Good I can just not waste 150 pirate coins going to some lame ass useless port lmao.