Lyric discussion by hearts_of_oak 

Cover art for Six Months In A Leaky Boat lyrics by Ted Leo and the Pharmacists

it seems like it could be about an unstable relationship hence the name "Six Months In A Leaky Boat" you know? Trouble. He saying "Lucky just to keep afloat"because their relationship is very volatile relationship and he's lucky to good. Especially the last bit of the song "Ship-wrecked love can be cruel" He's saying that women in general seem one way but there also another way like. "Don't be fooled by her kind" But thats only a little bit of the song, it could be about something else completely different.