An exhaust conduit for a marine exhaust system includes an inlet end portion connectable to an exhaust manifold, an outlet end portion that directs exhaust gases toward an exhaust system outlet, a catalytic converter assembly arranged between the inlet and outlet end portions, and inner and outer tubes. The inner tube directs exhaust gases from the exhaust manifold to the catalytic converter assembly, and the outer tube surrounds the inner tube to define a cooling liquid passage between the inner and outer tubes. A flange is secured to the inner and outer tubes at inlet ends thereof, the flange being connectable to an outlet of the exhaust manifold. The inner tube has a uniform diameter between the flange and the catalytic converter assembly, and is welded to the flange independently of the outer tube. First and second welds join the inner and outer tubes to the flange at radially inner and outer faces, respectively, of a flange rim.