On her last voyage, in 1801, Walter Boyd captured a Spanish schooner but then foundered on the way back to London from Martinique.

She left China on 3 December, arrived at the Cape of Good Hope on 14 March 1793, left on 1 April, and arrived at Texel on 27 July[3] On 22 December 1794 Captain Scheler again sailed from the Texel, bound for China.

On 31 January 1795 a squadron under Captain Sir John Borlase Warren detained the Dutch East India Ship Ostenhuyson.

Homeward bound, she left Kedgeree on 17 September, reached the Cape on 22 December and Saint Helena on 31 March 1798.

On 30 September 1800, Walter Boyd ran down the transport Nelly in Cadiz Bay.

[2] Lloyd's List reported on 14 July that he had arrived at Barbados after having captured the Spanish schooner Francis de Paola, which had been sailing from Cape Verde to Teneriffe with a cargo of cotton, tobacco, and hides.