I really need to understand where the earths are all connected as I fear I may have some sort of dodgy connection somewhere that may cause nasty electrolysis etc!
Be very careful with that!
Back in Costa Rica my captain connected the -12V battery cables wrongly to a unused cable of a old shunt and engine was discharging in water thru outboard leading to electrolysis.
You should check that asap to avoid major problems!
I would first look elsewhere than the cables in the conduit as it's least likely that the problem is there, more likely that a -12V is connected wrong or not connected.
Take your time, make a diagram and check negative cables on battery posts, in cabin -12V bus bar and transom area if there is another -12V bus bar (i had one made by a bolt screwed in a wooden bulkhead)
A useful tool is a long cable with a ring terminal and/or clamp on one end and a multitester to check continuity between cables and bus bars
Check if electronics are working if engine battery cables are completetly disconnected, including engine harness power cables (if any).
If Electronics or some of them don't work anymore then common ground is your outboard/s and thats bad.
Check also if ex owner installed a under water anode where grounds are connected.
If you have limited experience with electricity and/or using a multimeter for continuity and maybe ohm meter then i suggest you to call a boat electrician.
Chris