Nú hefr fjallrœnt felliveðr brotit {allan stafnval} Stefnis; straumr ferr af fjalli of hol knerri. Kveðk heldr víst, at ásríki valdi slíkum gný; bǫnd munu vesa í landi; ô geisar með ísi.

Now destructive weather from the mountain has smashed {the whole stem-steed} [SHIP] of Stefnir; the torrent flows from the mountain over the hull of the vessel. I declare it rather certainly that divine power may cause such tumult; the gods must be in the land; the river is gushing with ice.