Otago is a suburb on the eastern shore of Hobart

Hobart

Hobart is the state capital and most populous city of the Australian island state of Tasmania. Founded in 1804 as a penal colony,Hobart is Australia's second oldest capital city after Sydney. In 2009, the city had a greater area population of approximately 212,019. A resident of Hobart is known as...

, capital of Tasmania

Tasmania

Tasmania is an Australian island and state. It is south of the continent, separated by Bass Strait. The state includes the island of Tasmania—the 26th largest island in the world—and the surrounding islands. The state has a population of 507,626 , of whom almost half reside in the greater Hobart...

, Australia

Australia

Australia , officially the Commonwealth of Australia, is a country in the Southern Hemisphere comprising the mainland of the Australian continent, the island of Tasmania, and numerous smaller islands in the Indian and Pacific Oceans. It is the world's sixth-largest country by total area...

. It is located on the shores of Otago Bay.

The area takes its name from the iron

Iron

Iron is a chemical element with the symbol Fe and atomic number 26. It is a metal in the first transition series. It is the most common element forming the planet Earth as a whole, forming much of Earth's outer and inner core. It is the fourth most common element in the Earth's crust...

 barque

Barque

A barque, barc, or bark is a type of sailing vessel with three or more masts.- History of the term :The word barque appears to have come from the Greek word baris, a term for an Egyptian boat. This entered Latin as barca, which gave rise to the Italian barca, Spanish barco, and the French barge and...

 Otago, the only command of the author Joseph Conrad

Joseph Conrad

Joseph Conrad was a Polish-born English novelist.Conrad is regarded as one of the great novelists in English, although he did not speak the language fluently until he was in his twenties...

, which was dismantled at a shipbreaking establishment that operated at the bay (formerly known simply as part of Old Beach) between the 1920s and 1960s. The remains of the Otago (beached there in 1931) and a steel river steamer the Westralian (beached in 1937) can still be seen on the beach.