You should be able to run any engine wide open for long periods without overheating. You don't want to do it, unless absolutely required, for other reasons. Your engine temperature should increase until the thermostat opens allowing an increased amount of water to take away any generated heat. The temperature should vary slightly as the thermostat seeks the proper position. There should not be a continuous rise in temperature. We have fire in the engine water in the ocean and a system with which to use that water to carry away the heat of the fire. We have to move enough water. The sea water pump must be in good shape. The water passages must be clear. The heat exchanger tubes must be clean. The exhaust back pressure must be proper. Within the engine the circulating pump must be in good shape, the passages clear, coolant at the proper level, the surfaces that the coolant contacts must be clean, the water should have heat transferring enhancers and the heat exchanger tubes must be clean. There are probably more areas to think about but you get the idea. One or more of these items not being right could lead to your symptoms. The small hole in the seacock, as mentioned in another post could be to blame. A seawater pump impeller within the system from a previous failure could reduce the flow. ETC. You have to work through it, item by item, until you have found the answer. Sorry I can't be more precise.