Why didn't I think of Coll (Cola)? Anyway, most of the lines in the song refer to a boat and a sea voyage. Gaelic nouns have gender. Although the word "bàta" is grammatically masculine in Gaelic, boats are still referred to as "she" - "i" (which is also how one would say "it" when referring to a grammatically feminine noun).

Much of the song, though, does seem to be in the voice of a woman whose man is sailing, so would fit more with a waulking song. There are a few rhythms for waulking the tweed, depending on the phase of the work ... I was surprised to see how a slower song, "A' Bhean Eudach" could be used toward the end of a waulking (enactment). RunrigFan, Ottery was not looking for lyrics but for info on the background of the song. Do you have Mary Jane Lamond's album notes re origin of "Dh'olainn Deoch ... ?