That is a very thought-provoking case, but the article does say "the Mignonette was registered in Britain for jurisdiction under s.267 of the Merchant Shipping Act 1854" (and presumably that jurisdiction extended to the lifeboat too).
My assumption is that even if the victim and defendants weren't British citizens (or subjects) the case would still have fallen under British jurisdiction, whereas if the same incident had occurred on a boat registered to a different nation, Britain would have to rely on the courts of that country to interpret their own laws on the matter.
I suppose it's possible that another country could have in its laws a defence of necessity that was applicable to that precise situation, and I don't know how double-jeopardy rules and extradition treaties interact with the nationality or passive personality principles of personal jurisdiction:
https://en.wikipedia.org/wiki/Personal_jurisdiction#Internat...