Appearing in late 1950 was “The Roving Kind,” words & music by the pseudonymous "Jesse Cavanaugh & Arnold Stanton."

The song was first recorded by The Weavers on the Decca label. Watch them perform it in 1951:

https://www.youtube.com/watch?v=wPQKcKaapBY

And compare the more lucrative big-band treatment of Guy Mitchell with Mitch Miller's Orchestra:

https://www.youtube.com/watch?v=BiUNbByGX5w

And that of Les Baxter's orchestra featuring Lindy Doherty:

https://www.youtube.com/watch?v=pDXgmZCrlb8

Wikipedia ludicrously notes that "Mitchell's jocular version followed the original sea-shanty style." It reached #4 on the national "Billboard" chart in December, 1950, and stayed on the list for 17 weeks.

"The Roving Kind" never mentions a "fireship." "Clipper ship" and the less suggestive and more readily understandable "pirate ship" take its place.