▁Hay les ' ▁Mag net ic ▁Island ▁fer ry ▁service , ▁eventually ▁operated ▁under ▁the ▁business ▁name ▁Hay les ▁Mag net ic ▁Island ▁P ty . ▁Ltd ., ▁served ▁Mag net ic ▁Island ▁for ▁over ▁ 8 0 ▁years ▁and ▁eventually ▁came ▁to ▁operate ▁a ▁number ▁of ▁passenger ▁and ▁cargo ▁services ▁through ▁ports ▁around ▁northern ▁Australia . ▁ ▁History ▁Be e ▁was ▁built ▁in ▁ 1 8 8 4 ▁in ▁New castle , ▁New ▁South ▁Wales , ▁by ▁Scott ▁B ros , ▁for ▁the ▁Watson ▁Fer ry ▁Service , ▁who ▁operated ▁her ▁on ▁their ▁Man ly - to - S yd ney ▁fer ry ▁service ▁from ▁ 1 8 8 4 . ▁ ▁Robert ▁Hay les ▁S nr ., ▁the ▁owner ▁of ▁a ▁resort ▁on ▁Pic nic ▁Bay , ▁Mag net ic ▁Island , ▁purchased ▁Be e ▁in ▁ 1 8 9 9 ▁to ▁transport ▁hol iday ▁mak ers ▁between ▁Town sv ille ▁and ▁Pic nic ▁Bay . ▁The ▁vessel ▁s ank ▁in ▁October ▁ 1 9 0 0 ▁but ▁was ▁ref lo ated ▁and ▁continued ▁service ▁for ▁Hay les . ▁ ▁On ▁ 1 7 ▁March ▁ 1 9 0 1 , ▁Be e ▁cast ▁off ▁from ▁Pic nic ▁Bay ▁Jet ty ▁in ▁heavy ▁se as . ▁As ▁she ▁attempted ▁to ▁depart , ▁her ▁chain ▁ste er age ▁g ear ▁became ▁jam med . ▁Unable ▁to ▁man eu ver ▁properly , ▁she ▁was ▁taken ▁broad side ▁by ▁the ▁waves ▁and ▁was hed ▁up ▁on ▁the ▁nearby ▁beach ▁at ▁Pic nic ▁Bay .