(NEWCASTLE-ON-TYNE VERSION.)
I'm afloat, I'm afloat on the coaly black Tyne!
The draft licence sent me I begged to decline;
Though other chaps had 'em, they were not for me;
I prefer a free flag, on the strictest Q.T.
A sly "floating factory" thus I set up
(I'm a mixture of RUPERT the Rover and KRUPP).
At Jarrow Slake moored, my trim wherry or boat
I rejoiced in, and sung "I'm afloat! I'm afloat!"