|Builder:||Blohm & Voss, Steinwerder, Hamburg|
|Launched:||25 February 1911|
|Out of service:||1920|
|Notes:||Interned at Valparaiso 1914-1920, then to Italy as war reparations|
|Kingdom of Italy|
|Out of service:||1923|
|Out of service:||1932|
|In service:||1932-1940, 1945-1975|
|Out of service:||1975|
|Owner:||South Street Seaport Museum|
|Out of service:||2017|
|Homeport:||New York City|
|Owner:||German Port Museum|
|Class and type:||Flying P-Liner|
|Displacement:||3,100 long tons (3,150 t)|
|Beam:||45 ft 7 in (13.89 m)|
|Height:||170 ft 6 in (51.97 m)|
|Draft:||16 ft (4.9 m)|
|Sail plan:||44,132 sq ft (4,100.0 m2) sail area|
Peking is a steel-hulled four-masted barque. A so-called Flying P-Liner of the German company F. Laeisz, it was one of the last generation of cargo-carrying iron-hulled sailing ships used in the nitrate trade and wheat trade around Cape Horn.
Peking was launched in February 1911 and left Hamburg for her maiden voyage to Valparaiso in May of the same year. After the outbreak of World War I she was interned at Valparaiso and remained in Chile for the duration of the war. Awarded to the Kingdom of Italy as war reparation she was sold back to her original owners, the Laeisz brothers, in January 1923. She remained in the nitrate trade until traffic through the Panama Canal proved quicker and more economical.
In 1932, she was sold for £6,250 to Shaftesbury Homes. She was first towed to Greenhithe, renamed Arethusa II and moored alongside the existing Arethusa I. In July 1933, she was moved to a new permanent mooring off Upnor on the River Medway, where she served as a children's home and training school. She was officially "opened" by Prince George on 25 July 1933. During World War II she served in the Royal Navy as HMS Pekin.
Arethusa II was retired in 1974 and sold to Jack Aron as Peking, for the South Street Seaport Museum in New York City, where she remained for the next four decades. However, the Seaport NYC did not see Peking as part of its long-term operational plans, and was planning to send vessel to the scrap yard. A 2012 offer to return the ship to Hamburg, where she was originally built, as a gift from the city of New York, was contingent upon raising an endowment in Germany to ensure the preservation of the vessel.
In November 2015 the 'Maritim Foundation' purchased the ship for US$ 100. Peking is intended to become part of the German Port Museum (Deutsches Hafenmuseum) at Schuppen 52 in Hamburg for which € 120 million of federal funds would be provided. She was taken to Caddell Dry Dock, Staten Island, on September 7, 2016, to spend the winter. On July 17, 2017, she was docked, and two days later, she was transported, at a cost of some €1 million, on the deck of the semi-submersible heavy-lift ship Combi Dock III across the Atlantic, arriving on July 30, 2017 at Brunsbüttel.
On August 2, 2017, she was transferred to Peters Werft located at Wewelsfleth for a three-year refurbishment at a cost of € 38 million. The restoration included review of rigging, double floor steel plates, dismounting and remount of all masts, docking in dry-dock, renewal of the steel structure, removal of the cement that filled the lower three and a half metres (11 ft) of the hull, painting, wood work and overall refurbishment. The ship spent two times about two years in dry dock. Peking was refloated on September 7, 2018 with Primer paint Hull. Teak was reinstalled on deck. The ship was transferred on September 7, 2020 to the German Port Museum.