In reference to man in the boat, which is a womans clitoris. The man in boat with anchor is in reference to a clit piercing.
Petey: "So how was it?"
Howie: "Dude, she had knockers on the knockers and the man in the boat with anchor!"
Howie: "Dude, she had knockers on the knockers and the man in the boat with anchor!"
by Utah Ski Bums May 21, 2010