We run down to the second floor and we see Melvin. We catch him up. Dwight is missing. We hear people complaining about a madman trying to take control of the ship. We send Jeffrey to find life boats - He takes Miles and Emily. We go down to third class to try and make holes in the bottom of the ship. Everyone is distracted but we find a ladder/stairs.
Suddenly, we learn that Dwight is trying to hit an iceberg with the ship. I decide to bail. Melvin follows me. We get on a life boat with Emily and Miles. Reginald is trying to throw coal. Reg is really committed to tanking the ship. He tries to flood some chambers and work his way to the life boats. Melvin jumps on the boat too. Henry -- who we don't really know yet - gets into a boat.
So um, we kind of abandon that ship. Another ship comes toward us. We get saved.
Addendum: I read Necromonicon when I get home. It whomps my sanity. I know that it will take more than a year for me to read this whole book.