Fjarri hefr at fœðisk dýrri
flotna vǫrðr á élkers botni
— hôva leyfir hverr maðr ævi
hringvarpaðar — gjalfri kringðum.
Fjarri hefr at dýrri vǫrðr flotna fœðisk á gjalfri kringðum botni élkers; hverr maðr leyfir hôva ævi hringvarpaðar.
It is unlikely that a more precious guardian of sea-warriors [RULER] might be born on the surge-encircled bottom of the storm-vessel [SKY/HEAVEN > EARTH]; each person praises the noble life of the ring-thrower [GENEROUS RULER].
[2, 4] á gjalfri kringðum botni élkers ‘on the surge-encircled bottom of the storm-vessel [SKY/HEAVEN > EARTH]’: Cf. Sturl Hákkv 5/6-8 á víðum botni vindkers, kringðum gjálfri ‘on the wide bottom of the wind-vessel [SKY/HEAVEN > EARTH], encircled by the surge’.