rerig
/ˌriːˈrɪɡ/verb
1 [with object] To equip (a ship) with new rigging, especially as part of a restoration project. Also without object: to replace the rigging of a ship.
2 [with object] Specifically. To fit (a vessel) with a different configuration of rigging, thereby changing the class of craft. Usually with as.
Origin
Early 19th century. From re- + rig. Compare earlier rerigging.