Wiki entry:
http://awoiaf.westeros.org/index.php...p#note-RaCoK24
Clash of Kings, Chapter 24, p. 379 (us paperback):
About a new build ship, not the largest ship (Balons ship and Victarions ship beeing bigger e.g.)
Also described as very fast.
Here's an answer of the author directly towards that question:
http://www.westeros.org/Citadel/SSM/...Greyjoy_Fleet/
So, after reread I need to correct my former posting:
Greyjoys have smaller but fast ships, are not lacking rams (only catapults) but they have really hell of a lot of them and the lord's vessels are comparitively bigger.
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