Skallagrim came to land where a large ness ran out into the sea,
and above the ness was a narrow isthmus; and there they put out their lading.
That ness they called Ship-ness. Then Skallagrim spied out the land:
there was much moorland and wide woods, and a broad space between fells and firths,
seal-hunting in plenty, and good fishing.
But as they spied out the land southwards along the sea,
they found before them a large firth; and, turning inwards along this firth,
they stayed not their going till they found their companions,
Grim the Halogalander and the rest. A joyful meeting was there.
They told Skallagrim of his father's death, and how Kveldulf had come to land there,
and they had buried him.
Then they led Skallagrim to the place, and it seemed to him that there
abouts would be a good spot to build a homestead.
He then went away, and back to his shipmates;
and for that winter each party remained where they had come to land.
Then Skallagrim took land between fells and firths, all the moors out to Seal-loch,
and the upper land to Borgarhraun, and southwards to Hafnar-fell,
and all that land from the watershed to the sea.
Next spring he moved his ship southwards to the firth,
and into the creek close to where Kveldulf came to land;
and there he set his homestead, and called it Borg, and the firth Borgar-firth,
and so too the country-side further up they named after the firth.