But there's no need to dwell on that now. From now on, things are looking up! I can assure you that there'll not be a single drowning among us, although I can't say as much for the ship - the ship itself is doomed.
And now I counsel you to be of good comfort, for loss of no person of you shall be, except of the ship. [+And now I counsel you to be of good comfort, or heart; soothly there shall be loss of no soul of you, except of the ship.]