Thanks for the input chaps.
Poll, I am looking to build a 1:48 scale model, so your method will not be suitable.
Toby, I had a look at the folding schooner. Thats the sort of thing I was envisaging - basically forward and aft sections of hull, with a watertight bulkhead on each, that bolts up to form a rigid structure. I must admit that the idea of hinging them together hadn't occurred to me.
Just to let you in on the project - and it is a very tentative one - I have been given the 1:96 plans for the 1901 cruiser HMS Kent. I am thinking of doubling them up and building a 1:48 version, which will come out at about nine-and-a-half feet.
So, keep the ideas for a transportable hull coming - I'm going to need all the help I can get!
Rick