Why Does A Ship Float In Water While A Needle Sinks?

Objects that float weigh less than the amount of water they displace.

Archimedes Principle (from Wik)
"Any object, wholly or partly immersed in a fluid, is buoyed up by a force equal to the weight of the fluid displaced by the object."

Archimedes' principle does not consider the surface tension (capillarity) acting on the body.[2]

The base of a ship is v(shaped) there is a no chance to sink.