When launched in 1843, "Great Britain" was by far the largest vessel afloat. But her protracted construction time of six years (1839–1845) and high cost had left her owners in a difficult financial position, and they were forced out of business in 1846, having spent all their remaining funds refloating the ship after she ran aground at Dundrum Bay in County Down near Newcastle in what is now Northern Ireland, after a navigation error. In 1852 she was sold for salvage and repaired. "Great Britain" later carried thousands of immigrants to Australia from 1852 until being converted to all-sail in 1881. Three years later, she was retired to the Falkland Islands, where she was used as a warehouse, quarantine ship and coal hulk until she was scuttled in 1937, 98 years since being laid down.