This is the best salt water epoxy adhesive you can get. I've seen it used to fix a steel plate over a hole in a hull.
http://www.go2marine.com/product/79357F/splash-zone-compound-underwater-epoxy-putty-a-788.html
http://www.go2marine.com/product/79357F/splash-zone-compound-underwater-epoxy-putty-a-788.html