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This saying means "when your luck changes (from bad to good)" or "when things are running more in your favor".

It is probably a throwback to a time when air transport did not exist, and the transport of goods or loved ones took a very long time. Merchants waited and waited for goods to show up - that often did never show up - while their families grew hungrier, and lovers waited interminably for their suitor to arrive, or perhaps even a letter, which often took months to deliver, while their hearts grew sadder.

Examples of "when your ship comes in":

When any investment or business venture suddenly becomes hugely profitable.

A sudden unexpected life changing event, like a huge lottery win.

A long expected positive event or development finally happens and changes the recipient's life.

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Q: What is the meaning of the idiom 'When your ship comes in'?
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