Þar vas — þrafna byrjar
þeim stýrðu goð Beima —
sjalfr í sœkialfi
sigtýr Atals dýra.
Þar vas sigtýr sjalfr í sœkialfi dýra Atals; goð stýrðu þeim Beima þrafna byrjar.
There the victory-god [= Óðinn] himself was in the attacking elf of the animals of Atall <sea-king> [SHIPS > SEA-WARRIOR = Haraldr]; the gods guided that Beimi <sea-king> of the stave of the fair wind [SHIP > SEA-WARRIOR = Haraldr].