it signifies that the Men come in peace
"There had been much fear in Kassau when the ship of Ivar Forkbeard had entered the inlet. But it had come at midday. And on its mast, wound and painted and of painted wood, had hung the white shield. His men had rowed slowly, singing a dirge at the oars. Even the tarnhead at the ship's prow had been swung back on the great wooden hinges. Sometimes, in light galleys, it is so attached, to remove its weight from the prow's height, to ensure greater stability in high seas; it is always, however, at the prow in harbor, or when the ship inters an inlet or river to make its strike; in calm seas of course, there is little or no danger in permitting it to surmount the prow generally, that the tarnhead was hinged back, as the ship entered the inlet, was suitable indication like the white shield, that it came in peace."
Marauders of Gor, pg. 32