She was designated a National Historic Landmark in 1997 as the only known surviving example of a fishing schooner built specifically with racing competition as an objective.

[5][6] Following the attack on Pearl Harbor later that year, mines and anti-submarine netting were installed to protect the Port of Boston, and all lighted navigational aids were extinguished.

Roseway changed hands several times in the ensuing decades, operating primarily out of Camden, Maine and the US Virgin Islands.

[1] In 1998 she took one group of Hurricane Island Outward Bound School students aboard, and sailed from Hurricane Island, ME to Gloucester, MA and back, as a trial for potentially becoming part of the sailing program, which never came to fruition, and then she remained docked in Rockland, Maine until she was repossessed by the First National Bank of Damariscotta, which in 2002 donated the vessel to the newly founded World Ocean School.

She currently serves as the platform for the World Ocean School, which offers various educational programs in St. Croix and the northeastern United States.