you can use Proportional Editing, but maybe a Lattice iModifier is the better option (needs to be Applied, when ready, of course).
Either way, make sure you have enough geometry.
Martin Bergwerf
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Quick and dirty 'proof of concept'::
Adrian Bellworthy
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Depending on what you will use your completed model for, you don't need to model individual planks. You could make the boat shape, from a cube for example, and use loop cuts to add the effect of individual planks.
Great point!
Omar Domenech
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If you already have the hull and you still want the planks to be individual, you can duplicate the hull and just cut it like a plank and that plank will have the shape of the hull. And just repeat there after.