Wǽg-hengest

According to the Old English Dictionary:

es;

wǽg-hengest

m. A sea-steed, a ship :-- Hé bát gestág, wǽghengest wræc, Exon. Th. 181, 34; Gú. 1303. Hí gehlódon hildesercum wǽghengestas, Elen. Kmbl. 472; El. 236. [Cf. Icel. vág-marr a ship.] wæg-hengest