That looks quite good, despite the colors. Here is what it looks like in game: http://www.degacom.de/index.php?attachment/99-ship-coredynamics-eagle3-jpg/ You definitely see those serrated parts in your texture where the paint has worn off at the edges of the ship. Could there be some kind of alpha ...

Well...I made a little progress in trying to get the textures out of an ovl. I extracted a powerplay icon (...FORC-FDEV-D-1010\Win32\Items\UIStreams\PowerIcons\PowerIcon0\Data.ovl) First step ofc. offzip on the ovl in question. The extracted dat file seems like a dds file with custom header: https:/...