Sadly not on the album though there are at least three other songs with nautical themes. In fact now I think about it "Song O' The Insurance Men" (a sea shanty about insurance) rather strangely seems to foreshadow the Crimson Permanent Assurance part of Monty Python's Meaning of Life.
BTW that song you posted at the top of the thread is on Neil Innes' album Taking Off with roughly the same crew.
― everything, Monday, 9 July 2012 05:01 (eleven years ago) link