Fœrir bjǫrn, þars bára
brestr, undinna festa
opt í ægis kjapta
úrsvǫl Gymis vǫlva.
Úrsvǫl vǫlva Gymis fœrir opt bjǫrn undinna festa í kjapta ægis, þars bára brestr.
The spray-cold vǫlva <seeress> of Gymir <sea-giant> [= Rán] often leads the bear of twisted moorings [SHIP] into the jaws of the sea, where the wave breaks.
[3] í kjapta ægis ‘into the jaws of the sea’: The sea is not depicted as a personified divine force in human shape here, but rather as a ravenous monster. The word ægir could also be the pers. n. Ægir, but there is otherwise no evidence that he was thought of as a monster that devours ships and men.