Yes, the bloody song is called "THE WRECK OF THE ANNA MARIA" I have the LP and listen to it all the time. It goes like this:

Forty long days in an old sailing ship,
How my eyes long to rest on the shore!
I'll be glad to see land and to touch the fair hand
Of the maiden I left there before.

From the African sea we come loaded
With coconut, spices, and coal,
An' perfume, gold, and silk dresses
For our womenfolk's eyes to behold.

Now the wind and the seas are arising
And the sails feel the birth of a storm.
I turn up my coat and feel cold with the thought
That soon I'll be home in the warm.

There's trouble there up in the rigging,
And the decks are awash with the sea.
Sailors and deck hands are climbing
As the sails try to wrench (?) themselves free.

We grab the land scratched with our fingers
As the rigging scraped hard in the gale.
With the wind and the seas not abating,
Our efforts seem destined to fail.

The lifeboats are falling about us
And we swim for our lives in the swell.
Would we get home to our loved ones again?
No one really could tell.

A light in the distance before us
Spurs us on like a welcoming hand,
And we row hard with joy in our voices,
Rowing close to the safety of land.

Our ship was the brave Anne Maria.
She was found on the rocks broke in two.
The cargo was lost with the captain
And the boatswain and mate of the crew.

[Repeat first verse]

I'm not sure who wrote it but the next time I see Dermot or Fergus I'll ask them.
Sorry if I made any mistakes on the spelling there Jimmy!

HTML line breaks added. --JoeClone, 11-Oct-02.