Time Magazine's website www.time.com quotes that on
Jan. 21, 1952
"Tin Pan Alley reads the papers. One day last week, fascinated by a running Page One story, Leeds Music Corp. set Tunesmiths Larry Clinton and Herb Hendler to work. Clinton & Hendler were held up a bit because of their uncertainty as to just how the story was going to turn out. But 48 hours from scratch, they had their song recorded (for King Records), and by next day Manhattan radio stations were booming it on the air. Chorus:

All hail to the skippers With fate beyond the skies, All hail to the skipper Of the Flying Enterprise."

Probably not very helpful
I too am trying to track Don Meehan down as I would like to quote the lyrics in a book - if I get anything I will let you know
Jean Hood