Water leaks at fuel cooler/pump

Need a little information on 2007 350 with dual 350 Mag motors have a small leak from a cooler hose that goes to the fuel cooler/ pump on the side of the engine. Hoses look to be a bit tight but thinking as retired tech I can handle the job. Question is can it be done with the boat in the water? Without the engine running the pumps in the I/O should not let water flow in correct ?
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Comments
Different engine my impeller is on the front of the harmonic balancer.
Dream 'Inn III -- 2008 400 Express
Yes, I went thru the problem twice, both with Mercs. Not much fun. It seems ethanol caused the issues.
Dream 'Inn III -- 2008 400 Express
https://rinkerboats.vanillacommunities.com/discussion/10767/cool-fuel-module-fitting-fix-diy/p1