The song THE 'GRANITE' is on Liz Law & Terry Conway's album "Premier," Stonehouse Music, 2001.

I found this information at Stonehouse Music's web site, but they didn't have lyrics or a sound sample:

THE 'GRANITE'
The story of the appropriately named, as it turned out, collier brig which broke up in a storm in 1888 off the North Gare at Seaton Carew. Liz discovered an old cutting relating the story while researching the answer to an enquiry at work, on a completely different topic. The total inability of the people on the shore, the lifeboatmen and a steam tug from Middlesbrough to rescue any of the eight people on board the boat which broke up in mountainous seas, moved her to write the first draft of this song. The three boys in the crew could at that time have been as young as 12 years old. The song is an attempt to imagine what it could have been like to be one of the people on the cliffs at Seaton Carew, waiting to give any assistance possible to victims or rescuers.