As mentioned above, this is a purse seiner, not a trawler. In essence, it lacks a keel on which to catch the seine, making the aft hull flat and prone to being pushed around. I'm surprised the video does not point out that their deck-loaded skiff had shifted, upsetting the balance of the boat to port. This is a common heavy weather and traveling tactic to reduce drag.
I fished out of Kodiak on a number of seiners in the 90's. One, the F/V Evanick, was a 50' LeClerq. I had been a deckhand and skiffman for four years, and in '98 was set to take control as my Skipper, Carl Van Valkenberg (RIP) was having a baby with his new wife. Two weeks before I was to arrive, Carl was headed to Bristol Bay for herring. Off Foggy Cape, they experienced 8' confused seas, which also caused the skiff to shift on deck. They broached just like the boat in this video, but the nearest boat was 8 miles away. No one was recovered and the boat was scuttled by the CG. If I had not been wrapping up a college semester, I would have been aboard. That was my last year fishing, as I found a berth on Carl's best friends boat.