The “secret” loot boat, otherwise known as the Pawntoon, spawns somewhere a short distance from the coast of the Fortnite Chapter 3 Season 1 map. Some players believe its location is completely random, but I doubt this is the case.
More likely its spot is randomly selected from a finite number of possible locations. On the map below, you can see all of the locations for the loot boat that players have reported so far, some of which have been reported more than once.
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