The County of Peebles was the world's first four-masted, iron-hulled full-rigged ship. It was built during 1875, by Barclay Curle Shipbuilders in Glasgow, Scotland, for the shipping company R & J Craig of Glasgow. Measuring 81.2 metres long, with a beam of 11.8 metres, a draught of 7.1 metres and a cargo capacity of 1,614 net register tons (NRT), it was a state-of-the-art windjammer when it began its use, for the jute trade between the ports of Dundee and Cardiff in Great Britain and Bombay and Calcutta / Hooghly River in East India. Its rig was 'Scottish style', with royal sails above double top-sails and single topgallants.

The Strait of Magellan, also called the Straits of Magellan, is a navigable sea route in southern Chile separating mainland South America to the north and Tierra del Fuego to the south. The strait is considered the most important natural passage between the Atlantic and Pacific oceans. The strait is approximately 570 km long and 2 km wide at its narrowest point. In 1520, the Spanish expedition of the Portuguese navigator Ferdinand Magellan, after whom the strait is named, became the first Europeans to discover it.