King of the sea

Here is the cup that holds your chances (all hail the king of the sea)
Here is the fruit of the sea
Take this wine and toast your new life (all hail the king of the sea)
Parade your watery state

Here your reporter treads water Here your reporter loses his air
Here your reporter treads water Here lies your future

Here you are, the watery power King of liquids and prince of thirst