[Verse 1]
Just out on the harbor, all the ships asleep
Maybe one cold watchman walks a lonely beat
And way out on the water, a ship is under sail
Leaving wavy starlight and a dreamer in her trail

[Chorus]
I wave bye bye, I pray Godspeed
I wish you lovely weather, more luck than you need
You'll only sail in circles, so there's no need to cry
Oh, I see you again one day and then I'll wave bye bye

[Verse 2]
The sailing ship reminds me of a certain girl
Who left a certain dreamer to sail into her world
A very friendly postcard from very far away
But they just remind me of a certain day

[Chorus]
I wave bye bye, I pray Godspeed
I wish you lovely weather, more luck than you need
You'll only sail in circles, so there's no need to cry
Oh, I see you again one day and then I'll wave bye bye