The conjecture was that the Captain was concerned with what the owners would think if he left the Sofia and salvers eventually got the ship.

A local woman wrote a play - actually a reading - where the dead meet and argue the points of what actually happened and who was to blame. No one really knows the actual end- as Q said, the next morning when the would-be rescue boats returned the ship was gone, the only thing visible its mast pointing up out of the water.

"Hold tightly, my darling, hold tight"