You are correct. Apparently red doesn't cause the pupils to contract, and allows you to see better in dark conditions. This is why pilots often use red lights in the cockpit, and why the military use it for night ops. My little Handycam has night shot, and when it's turned on it emits a gentle red LED beam. Records in green... go figure.
So, the red light doesn't alarm the turtles, allowing them to do their thing and lay their eggs. That's the theory, anyway!