This boat name design works around a hatch cover latch and boat insignia. The vertical distance between the two items is all that’s necessary to get the image to scale so we can quote your choice for the lettering. As you can see, it’s very helpful to have a photo square on like this for use in layout.
The name is a euphemism for “not guilty” and even used to describe “crazy town”, but I also wonder if there is someone struggling with a fishing addiction here. I refer to my anchor as a hook, so this could be a good thing suggesting being underway, or it could mean the boat is loose because the anchor line is broken.