Pirate Bay is part if the DePaul Classrooms and nested in at the far east of that 2 sim archipelago. Underneath (and in!) a rocky outcrop you'll find the well maintained wreck of one ship, and another on the rocks out from shore. Out front you'll find a normally quiet area, where you can can sit round a fire, drunk some (contraband?) rum and shoot the breeze with friends. Don't wander too far or the croc will get you, but otherwise you're pretty safe here.
Or you could go exploring the cave and decking. Watch out though as trap doors can be stumbled through, and if you take a plunge it might be your last! For the more experienced mariner you can borrow the motorboat to check out the wreck and light house, or a jetski from the jetty to whiz about in . There are also a variety of warships you can have battles in.