Blessed the dead
Translation: Do you know the name of that dead old man?
It means "Sleep when dead" in latin.
Mortui soli finem belli viderunt.
Karl Wilhelm Ernst Heimbach has written: 'De sacrorum privatorum mortui continuandorum apud Romanos necessitate' -- subject(s): Accessible book
Try: pericula nolite timere quoniam mortui vivimus [be not afraid of dangers, since when we are dead we are alive] (but I have to say: this sounds even dumber in Latin than it does in English).
PORT side of a ship while you are on it, looking Forward, is the LEFT SIDE. Yes, Red is on the PORT SIDE. Blue is for starboard or (right side). -Sailor, U.S.N. Red and black nautical stars are for port side of a ship (right side). Green and black starts are starboard (right side of ship). As for the other colors, they are probably just a spin-off of an old school tattoo.