The big trouble with the "turns" rating is that it assumes use in a buggy - typically this meant 6 cells of NiCad feeding a 540 of some description. Fuse at between 2/3 and 3/4 of the ESC max current rating, if this is less than the motor wants at startup, you need a bigger ESC.
Most Many ESCs have some form of current limiting, but the fuse is needed in case a problem is created before the current sensor resulting in the entire energy content of the battery dumping, and converting into heat, inside the ESC. So this fuse is really protection for the boat, to prevent it giving itself a Viking funeral out on the lake.