The Ghostly Galleon is an old wooden ship that sank many centuries ago, and was frozen up inside an iceberg. The White Fleet were looking for this vessel during the winter where thick fog came down at night. Because of the warm water out at sea, the iceberg melted, causing the Ghostly Galleon to rise to the surface, much to the surprise of Ten Cents and Sunshine. At the end of Ghosts, Burke and Blair are shown towing away the Ghostly Galleon to the Breaker's yard.