At the time of its launch, the Dispatch was the second largest ship ever built in Guernsey. She was 106 feet long, 24 feet wide, and had a full-length figure of Mercury as a figurehead. She sank off the coast of Madeira after the crew had spent five days pumping water out of the hold. A lifeboat with the master (Alfred Eastland) and five of the crew made it safely to Tenerife three days later. Two other boats containing the rest of the crew were lost.
| Built | Guernsey, 1849 |
| Builders | Marquand & De La Mare |
| Tons | 338 |
| Owners | George Foote |
| Francis Lamble | |
| Charles Henry Baskfill | |
| John David | |
| Mary David | |
| Gustave Carrington | |
| Masters | John David (1849-1855) |
| Clement Day (1855-1860) | |
| John Joseph Coles (1860-1861) | |
| Alfred Eastland (1862-1863) | |
| Fate | Sank NE Madeira, 1863 |