Captain Jasper Swete left the Downs 14 June 1802, bound for St Helena and Bengal.

[6][7] Lord Eldon reached St Helena on 30 August, the Cape on 20 October, and Acheh on 7 January 1803.

For here homeward leg she passed Kedgeree on 20 April, reaching St Helena on 9 August and Cork, Ireland, on 1 December.

[1] By this time the Napoleonic Wars had broken out and after Swete had left Portsmouth he was issued a letter of marque on 25 June.

[1] On her arrival in England, Lord Eldon reported that she, the Indiaman Tottenham, and three whalers had left St Helena under escort by the gun-brig HMS Urgent when in the vicinity of 41°42′N 30°43′E / 41.700°N 30.717°E / 41.700; 30.717 they sighted three frigates and a brig, which they believed were Spanish.

On 16 December The Times reported that two days earlier, Lord Eldon, with a cargo of pepper from Benkulen, Sumatra, had stuck on the sands at the Nore, and could not be got off.

A brig approached her in the dark and the fog; seeing her, the crew fled below deck as they feared she was an English naval vessel come to try and press them.

Young himself then with a single blow of his sword, beheaded one man who was at the helm, who turned out to be the privateer’s boatswain.

[12] Homeward bound, Lord Eldon reached Point de Galle on 8 February 1809.

Lord Eldon reached Calicut on 24 November and Point de Galle on 4 December, and arrived at Calcutta on 25 January 1811.

[1] For her homeward trip, Lord Eldon passed Saugor on 8 March 1812, reaching Mauritius on 19 May, and St Helena on 2 June.

[1] In September Lord Eldon, Dorsetshire, Scaleby Castle, Batavia, and Cornwall were at 14°8′N 28°11′W / 14.133°N 28.183°W / 14.133; -28.183 on their way from Saint Helena to England and under escort by HMS Loire.

The governor of Mauritius put her on board at the behest of Lord Minto, as a gift for the Prince Regent.

Her master was James Thomas Lamb and he sailed her to Port Jackson via Madeira and Rio de Janeiro.

[4] On 7 May, as Lord Eldon was at 14°N 38°W / 14°N 38°W / 14; -38 while on her way from London to New South Wales, a privateer schooner full of men and armed with long 18 or 24-pounder guns, fired on her.

[4] Lord Eldon had sailed with 220 male convicts and arrived with 215,[20] one having escaped at Rio by jumping overboard and swimming to shore, and four having died on the voyage.

[21] When Lamb and Lord Eldon returned to Britain in 1819, Buckle & Co. gave him command of their new, 435 ton (bm) Indiaman Hoogly.