The reason some Popeyes had to be recreated for the DVD is because some of the material is lost due to altering by AAP. And that's why we both like seeing the orginial Popeye titles. While AAP didn't mess with the soundtrack during the B&W era and left all of the orginial themes, this is still an orginial title fan pleaser. This is the opening title Popeye theme used during the ship-door era of the titles.
Done on a keyboard, is a synth version of a Popeye fan playing this version of "The Sailor's Hornpipe/I'm Popeye the Sailor Man", with the standard anchor cap and early Popeye end title music.