5200
For portlights and ALL hardware being bolted down, use 5200-- or its low-strength high-yield sibling, 4200. These are structural as well as waterproof, pliant, and permanent, needing little or no attention for 10 years at least (or, in the case of my black aluminum toerail, 34 years).This is a job for poly, not silicone. Silicone, in the words of Dave Cherubini, 'has no place in the marine environment. It's for the bathtub environment.' (And, really, not even for that!)I have typically peeled up fittings bedded in silicone only to find black mold under them, from where the water had been trapped for years after the silicone let it in so it could rot the core underneath.Be sure to clean ALL the silicone residue off and out before applying a poly bedding compound. This is the other nightmarish legacy of silicone-- it never truly works, and almost never goes away.