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Achernar said..
Ferro cement would be a great idea if it were not for the ferro. I'm a civil engineer that knows about concrete, reinforcement and corrosion, but I have no experience with ferro cement boats.
Some engeeringy-geekery ... The calcium and magnesium carbonates and sulphates in the cement set up an alkali environment, which protects the ferrous reinforcement. Over time, carbon dioxide in the air, and seawater get through the barrier, reduce the pH and attack the iron, causing rusting and spalling. Rusted iron takes up about 19 times the volume of the parent metal. The expansion forces the cement barrier out with spalling and cracking, which improves the pathways and accelerates corrosion. The reason the reinforcement is there is because cement (hence concrete) has little tensile strength, which means that thin elements (such as boat hulls) would be brittle, and easy to break. The reinforcement also controls cracking as the cement/concrete shrinks after placement. The setting reaction is exothermic, causing the mass of cement/concrete to expand initially when mixed with water and placed. Although the Hoover Dam is still cooling down from the reactions from when it was first built, thin-hulled boats are probably well past the reaction-cooling stage.
So, a useful development would be to replace the iron reinforcement with some other, non-corrosive fibre to provide the necessary tensile strength without the vulnerability of iron. However, there are few commercially viable options, or it would be used more widely. One of the problems is effectively mixing the non-iron fibres with the cement/aggregate mix - lightweight fibres tend to float to the top. Another is cost. Alternative technologies include cathodic protection, but it can't be applied effectively in retrospect - it has to be designed and built into the thing One of the conditions for cathodic protection to work is a continuous electrical circuit throughout the reinforcement, which is probably hit-and-miss with the dry-jointed reinforcement in a ferro boat. You also need an earth ... and this is the point when I get fuzzy and hand over to the electrical engineers.
None of this helps the OP much, except to say that steel-reinforced concrete (and hence ferro boats) have a limited life. And when it starts to rot, there is not much you can do about it, except major surgery, such as replacing large panels of the hull and hoping that the relative stiffnesses of the original and replacement panels are close enough not to cause the whole to work apart under sail.
The ferro work boats are probably the longest lasting boats out there. Dutch barges must be well over a hundred years old now.