Then Gangleri asked, ‘What can be said about Skidbladnir, since it is the best of ships? Is there no ship its equal or none as large?’
High said, ‘Skidbladnir is the best of ships and it was built with the finest craftsmanship. But Naglfar, the largest ship, is owned by Muspell. Dwarves, the sons of Ivaldi, built Skidbladnir and gave it to Frey. That ship is so large that it can accommodate all the Æsir, along with their weapons and their war gear, and a good wind blows whenever the sail is raised, no matter where it is headed. The ship is made of so many different pieces and with so much cunning that, when it is not being used to travel on the sea, it can be folded up like a piece of cloth and placed in a pouch.’