From 1980 to 1983, she was commanded by a real-life RAN officer called James Bond, and operated off the coasts of Queensland and Papua New Guinea. "Flinders" was decommissioned in 1998. In October 1999, the ship was sold at auction for A$518,460 to a New Zealand consortium. She was remodelled into a private yacht, and now operates as MY "Plan B", registered in the Cayman Islands.