She was built in Midland, Ontario, Canada in 1945 as the Rockwing, then renamed Tapline 2 (1948–49) and Abqaiq 3 (1949-1954).

[1] Fearless was put up for sale in 1972 in Brisbane, Australia and bought by Keith LeLeu for $1.

He sailed her to Port Adelaide in with a volunteer crew, taking nine days.

Four months later LeLeu sold the ship, with other museum materials, to the National Trust of South Australia, again for $1.

[2][3] In 2017, Fearless was one of the ships considered in a study funded by Renewal SA about "a strategy for berthing or locating historic ships and vessels within the inner harbour of Port Adelaide.