Talk:Boat Kit/@comment-2600:1700:6BF0:FD20:4AC:CE5:99F9:13C9-20191201025522

So a couple of notes after experimenting,  Some things will sink when dropped, mainly rocks, flint, nitre, and other similar items, have not found any truly important things that can be lost.

Both your hat and body equipments will never drop after drowning so your bag and everything inside will be safe.  I believe the held item is always dropped however, but oars and tools all float.