Just another Moderator
Join Date: Sep 2005
Location: New Westminster, BC
Thanked 314 Times in 301 Posts
Rep Power: 10
It may be leaking from the shaft seal... this is not a big deal to fix if you have a vise and a workbench available. I wouldn't be surprised if Mainesail has a video on his site for this. Compass Marine's Photo Galleries at pbase.com
While replacing the engine is not a bad idea, it's an expensive one and an investment you'll likely not recover (if that's of concern to you) esp if this one runs well and reliably.
1984 Fast/Nicholson 345 "FastForward"
".. there is much you could do at sea with common sense.. and very little you could do without it.."
Capt G E Ericson (from "The Cruel Sea" by Nicholas Monsarrat)