[Chorus 1]
Oh, the waters are a'risin'
The waters are a'risin'
The waters are a'risin'
The old ship's going down

[Verse 1]
Torpedo hit our number two
Hatch close to the engine room
I heard the bosun yelling
They'll shoot the second soon

[Chorus 2]
Torpedo in the engine room
Torpedo in the engine room
Torpedo in the engine room
The old ship's going down

[Verse 2]
We run out to our lifeboats
Scared as mice beside our boats
In less than tеn minutes
Everyone was tеllin' jokes

[Chorus 1]
The waters are a'risin'
The waters are a'risin'
The waters are a'risin'
The old ship's going down
[Verse 3]
I run back for your picture
And she was trembling still
When I got back they were shooting dice
For greenback dollar bills

[Chorus 3]
She's a'rockin' and a'reelin'
She's a'rockin' and a'reelin'
She's a'rockin' and a'reelin'
The old ship's going down

[Chorus 3]
She's a'rocking and a'reelin'
She's a'rockin' and a'reelin'
She's a'rockin' and a'reelin'
The old ship's going down

[Verse 4]
One boy passed his jug around
We couldn't strike no lights
But the liquor kept my belly warm
And fixed my business right

[Chorus 1]
Oh, the waters are a'risin'
The waters are a'risin'
The waters are a'risin'
The old ship's going down
[Chorus 1]
The waters are a'risin'
The waters are a'risin'
The waters are a'risin'
The old ship's going down

[Refrain]
The waters are a'risin'
The old ship's going down