Complex sentence: The F.K.8 was taken to Paraguay by ship and called "Presidente Ayala" in honor of the President of Paraguay, Dr. Eusebio Ayala.
Split into simpler sentences: The F.K.8 was taken to Paraguay by ship. It received the name of "Presidente Ayala" in honor of the President of Paraguay at that time, Dr. Eusebio Ayala.