Waterloo first appeared in Lloyd's Register (LR) in 1815 with Blacken, master, Wm.Fry, owner, and trade London–Grenada.

British ships were then free to sail to India or the Indian Ocean under a license from the EIC.

[3] In April 1817 Captain T. Hurt (or Hart, or Hunt, or Hurst), planned to sail Waterloo for Fort William, India.

On 29 September 1829 Lloyd's List reported that her crew had abandoned Waterloo, Partridge, master, at sea.

Lastly, LL reported that Waterloo , Partridge, master, had been found abandoned.