The play takes place on the RMS Titanic, called an "outrageous tale of sex and seduction aboard the titular ship" by Jackson R. Bryer (professor of English at the University of Maryland) and Mary C.
Pondering why they haven't been seated at the captain's table, Richard suggests that the "snub" may be a result of Victoria's less-than-noble past growing up on a pig farm in Indiana.
From here, there is a comedic blur between three characters: Annabella, Harriet Lindsey, and Lidia, the latter of whom is confusingly (but amusingly) the captain's daughter...or is she?
Meanwhile, Victoria begins a lurid affair with the passionate captain while Richard ravenously pursues and humiliates Higgins, a young sailor.
In the final scene, we return to the Titanic's dining room where Teddy and Annabella/Harriet/Lidia exact deadly revenge on Richard and Victoria, just before it appears once more that the ship has struck an iceberg...but has it?