Sæll es hinn, es hranna
hádýri vel stýrir;
tíð erumk vitnis váða
víngerð; unir sínu.
Hinn, es stýrir hádýri hranna vel, es sæll; unir sínu; tíð erumk vitnis váða víngerð.
The one who steers the tall animal of waves [SHIP] well is fortunate; he is content with his lot; I take pleasure in the production of the wine of the threat of the wolf [= Óðinn > POETRY].