In November, 1858, the Flying Fish was wrecked on her way out of the Min River, loaded with Foochow tea for New York. She was abandoned by the underwriters, and the wreck sold to a Spanish merchant of Manilla, who managed to float her, and then had her practically rebuilt at Whampoa.

Then for some years she sailed between Manilla and Cadiz, disguised under the name of El Buena Suceso, and eventually floundered in the China Sea.