The torpedo gun boat Hazard (length 250 feet, beam 30 feet 6 inches, draught 9 feet; displacement 1070 tons) fitted with two 3,500 indicated horsepower triple-expansion engines operating on steam supplied at 155 pounds per square inch by four modified locomotive boilers in a closed stokehold with forced draught, was launched at Pembroke Dockyard on the 17th of February 1894. The Hazard was the second Dryad class torpedo gunboat to be launched (the first one was launched at Chatham). Three other boats of the same class were nearing completion. The Hazard was to be armed with two 4.7-inch, and for six-pounder quick-firing guns, and five torpedo tubes.