The boat, named "Tom's Cruise on the River Thames Corden," featured rooms based on films from Cruise's career including Mission Impossible, Eyes Wide Shut and a "You Can't Handle the Truth" booth.
Located on the upper deck was a recreation of Corden's set from The Late Late Show named "The Corden'd Off Area," that featured a cardboard car in reference to Carpool Karaoke.
Once passengers were let on board, the initially hesitant Cruise began to have fun on the boat as he entertained guests with cocktails and a Risky Business-themed contest. Corden was having less fun, however, and felt alone as no one was visiting his "Corden'd Off Area."
To bring him back into the fold, The Mummy star performed with the late night host The Righteous Brothers' "You've Lost That Lovin' Feelin'" from Top Gun.
"You complete me," Cruise said as the pair broke into song alongside the other passengers.
Cruise was last on The Late Late Show in October when he recreated some of his most iconic roles and scenes from throughout his career. On Tuesday, the actor appeared on The Tonight Show for a round of Kid Theater with host Jimmy Fallon.