Thanks Alan, Tony and MtB for the thoughts. To answer some of your questions, when I checked the wiring for the immersion heater, the neutral and ground wires sleeves were cut too short and those wires were a bit too close, so I'm thinking there was a fault here and the GI light has now switched off. Strange indeed that there is just one anode reacting, this is a marina in London so not especially brackish, but I'll turn the boat around to see if that changes anything. At some point, I was wondering if it might be bubbles trapped below the anode, coming up to the surface occasionally as this is not constant..