Beautiful water. This might have more visual interesting if the boat weren't dead center in the shot. Maybe off to one side would make it more appealing. The lighting and depth of color is done well.
I'd like this better for the challenge if it weren't a fiberglass yawl... the little wood that can be seen (caprails mostly) may indeed be teak, probably is, but it isn't enough topicality for me. It's a nice shot though.