Waterloo was launched in 1815 at St Martin's, New Brunswick.

She was registered at Saint John, New Brunswick in 1825,[2] but then sold at Newcastle in 1826.

[3] After her launch she started trading between England and what is now Canada.

Waterloo first appeared in Lloyd's Register in 1816 C.Ward, master, changing to Blakeston, J.Ward & Co., owners, and trade New Brunswick–Liverpool.

[1] She spent most of career sailing between England and North America, particularly Canada.