I'm trying to remember - we loved it when I was a kid!

The Flying Dutchman was a phantom ship
Ahoy, ahoy ahoy,
Twas doomed to sail upon an endless trip
ahoy! ahoy, ahoy.
The Captain played dice with old Satan
The ship and the crew were the price
He picked up the dice with his soul as the price
And he tossed!
And he lost!
Hark to a tale, my lads,
Hark to.....

The Flying Dutchman....etc

Or something like that.
It was probably sung by Mitch Miller and his gang, or some massed group of that ilk, back in the 50s.
Robyn