Rich-Joy: These may be the lyrics you were looking for (2 years late!) I just came across this song on William Pint & Felicia Dale's CD, White Horses. They sing the following version:

Oh my name was Davy Lowston, I did seal, I did seal
Oh my name was Davy Lowston, I did seal.
Though my men and I were lost, though our very lives it cost,
We did seal, we did seal, we did seal.

Our Captain John McGrath, he did seal, he did seal.
Oh yes for old Port Stanley he set sail.
I'll return, men, without fail, but he foundered in the gale,
And went down, and went down, and went down.

We were set down in Open Bay, we were set down, we were set down.
Set down in Open Bay, we were set down.
We were lost, my gallant men, never more to sail again,
Never more, never more, never more.

So come all you lads who venture far from home, far from home.
Come all you lads who venture far from home,
Where the ice bergs tower high, that's a pitiful place to die,
Never seal, never seal, never seal.

Oh my name was Davy Lowston, I did seal, I did seal
Oh my name was Davy Lowston, I did seal.
Though my men and I were lost, though our very lives it cost,
We did seal, we did seal, we did seal.

The liner notes say that Pint&Dale learned the song years ago from the singing of Martin Carthy, who said that he got it from Bert Lloyd. It's interesting to see how the story changed as it migrated. The sealers are still set down in Open Bay, but the Lloy/Carthy/Pint&Dale version seems to situate the action in Antarctica or possibly the Falklands - at any rate, some place where the icebergs tower high.

Edmund