The Adelaide was purchased by the Murray River Sawmill Co in 1891 (from D Blair, at a cost of ten shillings per each of his 64 shares),[5]: 18  and used as logging steamer.

William Thompson served as skipper of the PS Adelaide from 1890 to 1912, prior to succession to foreman at the Murray River Sawmills.

When sold to Paringa in 1958, the PS Adelaide towed Barges A11 and B22 to Mildura (the A11 was eaten by white ants, and sank to the bottom of the Murray River where it remains).

[5]: 29 The PS Adelaide was modified several times during her first seventy years; the deckhouses were rebuilt twice, the hull was replanked twice, and in 1924 the paddleboxes were converted to a more conventional square design.

[6]: 4–5  Adelaide operated as a logging steamer until 1958, before being sold to the South Australia Sawmill Company and leaving Echuca for Paringa.

The vessel's only incident was recorded as a near-miss at Nyah; under darkness the Adelaide only narrowly missed the new bridge upstream of the village.

The PS Adelaide made a triumphant return to Echuca on Saturday 29 October 1960 (slightly after two years since departure).

[5]: 58–59  In 1980, the Echuca City Council received a $150,000 grant from the State Gold Lottery funds, and restoration works began in December 1980.

Following four weeks of refurbishment, the PS Adelaide returned from a prolonged hiatus to regular passenger service from the Port of Echuca over the Queen's Birthday long weekend in June 2021.

[6]: 62  In 2022, the PV Pride of the Murray was purchased by Outback Pioneers and relocated to Longreach, Queensland for cruising on the Thomson River.