Ratchet throttle for planes and yachts, centre sprung throttle for motorised boats and cars is the norm.
A ratchet throttle used with a motor is for really for forwards only.
What type of throttle stick does your new radio have? Sounds like you've bought a plane radio, as you say there's no neutral position (no centring spring).
If that's the case, you could use the right stick for throttle, left stick for rudder (or right stick for both).
If it's a brushed motor (2 wires), swapping them around will make the motor go in the opposite direction. If it's a brushless motor, swapping any 2 will revers the direction.
Some speed controllers need calibrating to the stick neutral position, generally by pressing a button on the ESC and moving the stick as the LEDs change. Others will automatically calibrate neutral each time you switch on, but may get confused if the stick isn't in roughly the expected position. No instructions in the box with the boat?