'but those who are inlolved in the day to day running ie ops, crewing and engineering put in all they can to try to keep it afloat.'
As an outsider looking in, perhaps that was the mistake all you good people made - bailing like hell while it was obvious to all that it was a rotten ship with, by all accounts, a dispicable and incompetent captain, sinking fast. Hindsight is a wonderful thing, but perhaps you shoud have taken to the life boats a long time ago and let the ship sink and its captain with it.
Best of luck to all at Emerald.