Once the rigging was dry, I finished painting the water behind the ship.
I added color in the foreground water to create more movement. Water is relatively "soft" and should have soft edges. Because that area was not yet dry, it was easy to blend, achieving the desired effect.
I also altered the color of the reflections on the ship to be consistent with the adjustment in the color of the water.
The next and final step will be to refine the painting, and add a few last details.