Just to expand a bit on i2f's explanation. Fresh water cools the engine, just like a
motor car. Instead though of a fan sucking air through the radiator to keep the fresh water cool, a
marine diesel sucks up sea water to cool the fresh. This sea water is what you see coming out of the
exhaust pipe when the engine is running. It is therefore important to check that you do indeed have waqter coming out with your
exhaust, otherwise it tells you that no sea water is flowing (and therefore cooling) your freshwater (which of course in turn is cooling the engine!)
Just 2 threads below this one, read "Engine Overheats,
Raw Water Problems - help".
Raw water is actually the sea water. Tony