- Name: PEGASUS (UK)
- Class: B
- Nationality: United Kingdom
- Year built: 2008
- Home port: Plymouth
- Rig: Gaff Cutter
- Height: 14.4810479779888 m
- Length of hull: 16.2214559753434 m
- Entered by: Island Cutter Ltd
- Number of trainees: 10
- Number of permanent crew: 2
- Special diets catered for: Yes
- Special needs catered for: Yes
Pegasus is the youngest vessel in the fleet, based on the designs of the famous Bristol Channel Pilot Cutters. Designed by Ed Burnett and built by The Bristol Classic Boat Co., on Redcliffe Wharf by the Rolt brothers. She is elegant, luxurious and fast. Pegasus races competitively in the STI Tall Ships Races, and is expected to win.
Pegasus is successful as a medium for youth work and for groups requiring slightly more private accommodation. She has the simplest rig of The Island Trust vessels and as such is easy for our younger crew members to handle safely under sail and motor.
A very strong construction of oak frames and larch planking, with highly coveted bronze knees, rigged as a gaff cutter, she is simple to sail with a fine hull and long keel that makes her smooth and steady through the water. She is light and spacious below deck, with great cooking facilities and living accommodation.