I took this picture while on vacation in Newfoundland and recently did a search on the name of the ship.
To my great surprise I found another photo blog that featured a picture of this self same boat taken in 2006.
The photographer ( Gary Barfitt ) in that case had taken it because it was colourful and despite it’s obvious age presented a confident air with someone up the mast doing some work.
This is, sadly, the other side of Atlantic fishing.
I am unaware of any further information regarding this vessel but if anyone knows any more I would be delighted to hear about it