Hafreiðar vas hlœðir
hlunns í skírnar brunni,
Hvíta-Krists sás hæsta
hoddsviptir fekk giptu.
Hlœðir hafreiðar hlunns vas í brunni skírnar, hoddsviptir, sás fekk hæsta giptu Hvíta-Krists.
The loader of the sea-chariot of the slipway roller [SHIP > SEAFARER] was in the pool of baptism, the hoard-flinger [GENEROUS MAN], who received the highest grace of White-Christ.