In my case of conversion to motorised Rc boat made about 8 years ago....This is just nearly the same case of mine as Dave S is now trying to convert to electric powered boat.
My 1m class Jupiter F-99 used to run with 60 nitro engine (Japanese Enya make) with 60mm dia. props very well while
currently powered with 2,200 KV(1,200W) brushless motor, water-cooled and 47mm dia.Props which sailing video is as shown below.
Diameter of the prop shaft is 4.5mm while that of the motor is 5mm.
The subject of this thread is the coupling and mine are disc couplings as shown below.
The same type of coupling has also been used very well in my 105cm cabin cruiser Najade as seen in the pic below and no problem was found at all up to today in both Jupiter F-99 and Najade.
This disc coupling is specified to be capable of rotating over 24,000RPM and I tested it in my Najade build as in the following pic.
I hope above will be of some use in your conversion project to motorised boat.!!
1/2;1m class Jupiter F-99.
3; Disc coupling in Jupiter F-99.
4; Another disc coupling in Najade.
5; Revolution test with Najade. Reaching easily over 24,100RPM but I became a bit afraid of its number of 24,100..., though an alignment had been perfectly set up with no vibration previously, needless to say...!!
6; Najade leaving a long wake.
7; Screw props of JupiterF-99
Video is JupiterF-99;
https://www.youtube.com/watch?v=fj0o7ci3xj0