There is always a default session, which is used when you run the supplied LispWorks image.
Initially the default session is the one named LispWorks Release.
When you run any other image directly, including a saved session or an image you created with
save-image, it runs itself (not the default session).
Saved sessions are platform- and version-specific. In particular, a 32-bit LispWorks saved session cannot be the default session for 64-bit LispWorks, or vice-versa.
LispWorks IDE User Guide (Macintosh version) - 12 Feb 2015