It comes after Trade Secretary Liam Fox hosted a trade event on board HMS Queen Elizabeth in New York City’s harbour to “secure trading ties between UK and US business”.
The move prompted trade officials to call for Britain to introduce a new aircraft carrier to attract overseas investors.
Commodore Tony Morrow, Britannia’s captain, said Dr Fox’s use of HMS Queen Elizabeth “certainly underlines the absence of such ships these days assisting the UK’s trade interests abroad”.
He told the Daily Telegraph: “The nature of these events being hosted in this manner is to be applauded and shows how well a ship might be used in this role.”
The Government said the ship was used by Dr Fox to allow for British cyber companies to “present their technology and software to US Fortune 500 companies, in an effort to secure fruitful new deals”.
It comes after 50 Tory MPs wrote to ministers in Theresa May’s cabinet urging them to launch a new lottery game to raise funds for a new £120million yacht.
Those who have added their name to letter said the new lottery game would allow the public to feel “the pride of having a stake” in the boat which would “showcase the best of British business and project our humanitarian role across the globe” after Brexit.
The letter said: “As we leave the European Union, there has never been a better time to consider how Britain projects herself on the world stage.
“We believe that now is the time to commission a new Royal Yacht Britannia as a new symbol of global Britain, designed and built domestically to showcase the best of UK shipbuilding and industry, and as a platform for promoting trade.”
Dr Fox, former Foreign Secretary, Boris Johnson, Defence Secretary, Gavin Williamson, and culture minister, Tracey Crouch, were all recipients of the letter.
The Royal Yacht was used by the Queen and the Royal family on many of their travels abroad up until 1997 when it was decommissioned after Tony Blair opted not to pay for repairs of the ship, claiming high costs.
Upon the return from her final overseas tour on the ship, the Queen was seen to shed a tear as she said goodbye to the yacht.