Analysis of information sources in references of the Wikipedia article "The Water Is Wide (song)" in English language version.
He delivers "The Water Is Wide" beautifully in 1996, at one of the earliest sessions for Time Out of Mind. It's unclear whether it was actually being considered for the album, or was just a warm-up with the band, but either way it's clearly a polished arrangement and a wonderfully committed vocal from Bob. (Update: A newspaper report at the time indicates it may have been recorded for a Pete Seeger tribute album, but Bob was unhappy with his performance and pulled it).
Nikki Iles' piano is another source of strength for May. Iles is especially prominent on "Whaley Whaley." Nowhere on the album is the purity of May's voice and phrasing more striking than on this anonymously written, Irish-sounding folk song.