I wonder if its more or less annoying to fish and whales
Much less annoying, I presume. There is an awful lot of white noise in the ocean for all sorts of natural sources, and they cope with that.
Indeed the text says it is (as I would expect) almost inaudible; and at any given frequency there is probably a
negative signal-to-noise ratio. See, in particular, p15 of that pdf slideshow - the "constellation before despreading".
Correlation has to be seen to be believed.