I use both types of adhesives, assuming you are using marine grade carpet (has a rubber backing) Bennington builds high end pontoons so the carpet you got was probably pretty good stuff. I use the water based latex adhesives (I use Chapco Outdoor Carpet Adhesive) for large areas and applies with the fine tooth trowel. The down side is it takes 24-48 hours to cure. Areas where I use the traditional rubber cement (Weldwood Original red can) is near the edges where the carpet needs to fold over an edge, center floors, lids, & any other small part. I simply brush the adhesive on the part & back side of the carpet, allow them to flash off 5-10 min. then stick them together. I am about to lay down all new carpets in my rescue Advance & plan on needing 2 gal. of water based adhesive & 1 gal of the stinky stuff.