It won't. Capacity is minuscule this is 9 containers small ones are 1000-3000 and giants are 20000. Speed is 2/3rds. The crew is likely larger or same size.
Plus wooden ships are pain to maintain. Though lifespan might be larger. Not sure about costs to build though.
I just can't see reasonable way for this to work outside customers who really want to pay the premium for slower service.