She became a Liverpool-based slave ship in the triangular trade in enslaved people.
Captain Jame Millbanke sailed from Liverpool on 31 March 1787.
She was captured and recaptured before being lost near Saint Mary's Bay, Madagascar in May 1799.
Chance was built in Salem, Massachusetts (possibly in 1846), as North West.
From 1874 to 1876 she was an Invercargill-based whaling ship before being reduced to a coaling hulk at Bluff.