In this he was probably imitating the founding of the Order of the Knot by King Louis I twenty years earlier on 25 May 1352, the same day as his coronation.
The original master copy of the statutes, the Livre de estatus et chapistrez, which was also in French and was to be kept in the order's chapel, is lost.
During her regency, Margaret instituted a new order (compagnia) the device of which was a gold-embroidered spindle or capstan (argata) on a red field.
[1][4] The first historian to write about the Order of the Ship was Pandolfo Collenuccio in his Compendio dell'Istoria del Regno di Napoli, first published at Venice in 1539 and printed again in 1541, 1552 and 1613.
José Micheli y Márquez, in his Tesoro militar de cavallería, published at Madrid in 1642, embellished Collenuccio's connection.