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takin the o'l skin boat to tuna town 

"i'm takin the o'l skin boat to tuna town tonight.

Taking the skinboat to tunatown 

A male having sex with a random female, not to be used with people in a relationship. Obviously skinboat means penis and tunatown is the vagina.
Kiran met a random drunk girl and got caught taking the skinboat to tunatown with her on the floor.