The vessel is historically significant due to its involvement with transporting convicts to Australia 1849 - transported 200 female convicts to Hobart from Dublin (Ire). It is impossible to assess the archaeological significance of the site as it has not been located, however historical sources suggest it was broken up severely and as a result, the vessel may have limited archaeological significance. However, if any part of the hull has survived it may yield important information regarding the construction of the Sunderland-built ships and those ships that were employed to transport convicts to Australia in the early to mid 1800s.