I was wrong. The version Kathleen Ferrier sang (on Blow The Wind Southerly, Decca 417 192-2) has a second verse:

Is it not sweet to hear the breeze singing,
As lightly it comes o'er the deep rolling sea?
But sweeter and dearer by far 'tis when bringing
The barque of my true love in safely to me.

And these versions (Click HERE & HERE) have 4 verses, the above being the last, the second & the third being:

They told me last night there were ships in the offing,
And I hurried down to the deep rolling sea;
But my eye could not see it, wherever might be it,
The barque that is bearing my lover to me.

I stood by the lighthouse the last time we parted,
Till darkness came down o'er the deep rolling sea,
And no longer I saw the bright barque of my lover.
Blow, bonny breeze and bring him to me.

~Masato