The "HMAS Sydney Replacement Fund" was established to help finance the acquisition of a replacement ship. The AU£ 426,000 raised was used to help purchase Australia's first aircraft carrier in the late 1940s; the "Majestic"-class carrier was named upon her commissioning in December 1948. The "Kormoran" name was carried on by the , a "Seeadler"-class fast attack craft of the "Bundesmarine" (West German Navy) commissioned in 1959. East Germany also operated a "Kormoran"; a small corvette borrowed from the Soviet Navy from 1970 to 1974.