How do you store the engine for winter?
How old is the engine?" If you always store the engine 'dry' - removing all the cooling water, instead of filling it with antifreeze with rust inhibiter, the possibility exists that youve started to form 'slab rust' in the exhaust manifold. Universal manifolds are quite famous for forming slab rust - huge platletts of rust that come off the internal casting and either fully or partly block the flow channels in the manifold. First thing to do is check the water output at the exhaust port at the back of the boat with a bucket and stopwatch and with the engine running at 'cruising' rpm. In your owners manual you will find the specified exhaust water flowrate at a specified rpm. If the flow is less than spec. at the spec. rpm you have a blockage: piece of broken pump impeller, broken impeller, slab rust in the manifold, junk in the inlet strainer, ..... with 'steam' coming out there is something that is partly blocking the raw water circuit, etc. Many times slab rust that is blocking the flow channel will fall to the bottom of the casting when the engine is shut down, sometimes you can 'reverse flow' the cooling water circuit (with a garden hose) to 'release' such slab rust, sometimes you have to remove the manifold turn it upside down and reach in with a stiff wire to break up the 'slabs'. BTW - the 'best' way to 'store' a marine diesel is to fill the engine with 50:50 antifreeze. Prevents the formation of destructive red (ferric) slab rust and keeps the black/protective (ferrous) rust intact which is protective to cast iron. US Navy ships always keeps their engines running to prevent destructive ferric rust from forming. Anyway, once you get your problem straightened out, be sure to **run the hell out of the engine for several hours** so that you restore the protective layers of blue/black ferrous rust inside the block and inside the exhaust manifold. An engine that is developing red/ferric rust in the internals will usually have the telltale 'red streaks' at the exhaust outlet. Running the hell out of a marine engine will greatly retard 'red' rust formation; high engine temperatures promote the formation of protective ferrous (black) rust. If you always drain the engine cooling water for winter, my bet is that you formed slab rust probably inside the exhaust manifold as the worst case scenario.