The ship, which has been named "Louise Michel" after a French anarchist, is a former French navy vessel that Banksy purchased using proceeds from his artwork, according to the new search and rescue mission.
On its website, the Louise Michel project said it aims to "uphold maritime law and rescue anyone in peril without prejudice."
The artist decorated it with a fire extinguisher and created an image of a girl in a life jacket reaching out to a heart-shaped lifebelt.
The artwork is similar in style to Banksy's famous "Girl with Baloon" stencil murals.
Banksy spray painted the vessel with a fire extinguisher. Credit: Louise Michel
The boat first set sail on August 18 with 10-person crew and helped rescue 89 people on Thursday in its first mission, according to a Louise Michel spokesperson.
The vessel is still in the Mediterranean Sea, the spokesperson confirmed to CNN on Friday, and looking to find a port of safety for those rescued, or to transfer them to a European coastguard ship.
According to the organization's Twitter page, the rescued refugees traveled from Libya and are "safe onboard."
Through his provocative artwork Banksy often explores social issues such as war, political corruption and the refugee crisis.
Banky's depiction of Steve Jobs on a wall in Calais, France in 2015 Credit: PHILIPPE HUGUEN/AFP/AFP/Getty Images
In 2015 two Banksy murals appeared in Calais, France. The first showed late Apple founder Steve Jobs -- the son of a Syrian migrant -- carrying a sack over his shoulder.
This is because the Covid-19 pandemic has left countries such as Tunisia facing serious economic hardship and unemployment, while others, including Libya, are dealing with the effects of war.
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