All good operating diesel engines "smoke white". We normally quench and reduce the smoke/smell/noise with ocean water in a Riser.
I have about the same hours on my Volvo Penta, but my "white smoke" varies in intensity when...
1) Starting up and cold engine.
2) Idle rpm ( My sea water quench direct drive to engine)
3) Long duration between engine starts (3+ weeks )
4) New addition of fuel additives for injector cleaning, antibacterial, or water emulsifiers. (these treatments are to release and burn fuel contamination"stuff" in the engine.)
5) Perhaps a change in a fuel supplier, doing an antibacterial/water treatment on his tank.
I assume your engine gauges are about same now as "before". Oil pressure low and coolant temperature high would show you engine changes.
You engine hours are "infant" to have a major mechanical problem
Does the engine require a "longer" starts?
Most sea water supply systems have a siphon breaker, high point vent or other named back flow preventer of sea water back flowing through the riser into the engine open exhaust valve when engine is down. Whew that was a mouth full, lol.
Trace your sea water flow path you will find the siphon breaker ( high loop of hose above boat water line).
There is a "check valve" that bleeds air in and no water out. That valve should be cleaned and line cleared 2 times a year. If not working, water will "drip.... drip" water in to riser, fill the exhaust and get into your engine.
Last trick...
Engine coolant, sometimes called fresh water side, should be checked for volume and clarity.
If it appears contaminated then it could be an indicator of other issues.
Note: about surface corroded risers... this is a good thing if you Zinc anode is ok. Cast steel parts should corrode but not excessively. Never clean the protective "rust" off of the interior of your riser.
Jim...