My volvo engine, a chev 350, is showing leakage or corrosion on the fwc "tank." I'm sure that the fwc is original and the boat is a 1980 model. The boat is moored in saltwater and used exclusively in saltwater. One spot is on the starboard side of the tank where a hose is attached. There is some aqua blue material where the hose fits over the metal fitting. The other spot is on the port side of the fwc tank. The corrosion or whatever it is circles the large nut, about 1.5", where it screws into the end of the tank. The Volvo engine manual talks about maintenance but does not say how to deal with this situation. Can the nut at the end of the tank be safely removed, cleaned and replaced or should I take the whole thing off the engine and dismantle and clean it? I could just clean up the exterior corrosion and hit it with some spray paint? I would really like to do it right. SEARCH gave me 8 pages to check but none of the responses fit my situation. Comments and help appreciated.