I am seeing similar water accumulation in the skeg area under the prop shaft on my 323. Its not a large amount, and I was attributing it to wear on the dripless seal.Most if not all 393's do not have a stuffing box. They have a dripless seal. Otherwise, it could be from several sources. Is it a large amount or a drip? Have you checked the Vetus (or similar) vented loop? They can clog up and cause a slow drip. Can you tell if it is coming from a hose connected to the water pump, or the water pump cover plate? How about telling us if only happens when the engine is running, or all the time? We can help you pin it down with more information.
The device on the prop shaft exit is the cutlass bearing, it is designed to allow water to exit the boat, cooling and lubricating the shaft. There is a forward seal within the boat where the shaft enters and attaches to the transmission coupling. This seal is connected to a seawater thru-hull via a hose. Check those fittings when under power. Believe the parts are Volvo, available from Beneteau, alternatively PYI sells a popular shaft seal. Shaft disassembly, and alignment required.Brief history is that the water accumulation seemed to occur whether engine was running or not. While boat was on the hard this past year we noticed the seal where prop shaft exits the hull was slightly adrift. This was repaired and for the first 2 months of the sailing season did not notice any water accumulating in engine bilge. However recently after the first extended use of the engine (7 consecutive hours), sea water once again appeared in the engine bilge. So at this point am not sure whether the prop seal repair actually had any bearing on this. Thanks to all for the input