This has got to be a euphemism.
My boat is a speedboat, there's no doubt about that. But it looks more like a beat-up, old cargo ship. There's a racing stripe that makes the whole thing appear a bit monstrous, and from stern to bow it's not exactly straight. It goes at about the same speed as my tugboat, until my tugboat runs out of gas, and then it goes way faster.
Short Answer: My boat is called 'Skildo'.