word - Captain Pun's new boat

My good friend Captain Pun has bought a new boat.

"And this is a picture of its sail!" he said, showing me this:

"Solve the nonogram and you'll soon know what type of boat it is!"

Can you solve the two-colour nonogram to help me work out what type of boat he bought?

_{This puzzle can be solved without guessing. Note that cells filled with different colours do not necessarily need to have a gap between them. Numbers marked in bold are red, while those in normal weight are blue.}

Answer

Finished nonogram:

These are

The flags of Finland, Laos, Austria, Georgia, Somalia, Honduras, Iceland and Peru.

Meaning the captain's new boat is literally a

FLAGSHIP, as spelt by the first letters of the country names.