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SS Foundation Franklin was a seagoing salvage tug built for the Royal Navy as HMS Frisky in 1918. In 1924, the tugboat was sold and renamed Gustavo Ipland before being acquired in 1930 by Foundation Maritime and renamed Foundation Franklin. The tugboat became famous for many daring salvage operations and rescues between 1930 and 1949. Her many rescues and salvage triumphs were celebrated in Farley Mowat's book The Grey Seas Under. In 1948, the ship was damaged in a hurricane and not considered repairable. The tug was broken up for scrap in 1949 at Halifax, Nova Scotia.