Setting

The events of the story happened on "a bark I was aboard of once, called the Southern Belle". The setting is realistic due to the narrator`s widening his idea by saying that they were "homeward-bound from Sydney". 
Further the narrator shares that they "went into the East India that v`y`ge" and with the help of epithet conveys the beauty of the daypart: "(we) got there on a lovely summer`s evening". 

The remarkable thing is that the story lacks the direct and explicit description of the ship, view from it or anything else connected with the setting. Nevertheless, we clearly feel the atmosphere of it implied with the help of vocabulary used. Thus within the story we find examples of marine slang, namely: foretop, aft, homeward-bound, the ship was berthed etc. The same idea is also highlighted by the narrator`s cockney dialect, analyzed above.