Salty seadog
Space Cadet...(3rd Class...)
Black smoke probably means soot, and the soot will most likely be from unburnt fuel rather than engine oil that has leaked past seals and got into the combustion process (leaked engine oil will generally give clouds of greyish smoke). As yours is an older vehicle, it may well not have a particulate filter, and I'd always thought that older diesel vehicles were well known for producing quite a bit of soot in the delay between the fuel being increased and the turbo spinning up to give the extra air for combustion. Also, as others have suggested, a blocked air filter could cause excessive soot for the exact same reason that there is too much fuel and not enough air. Yet another explanation is that some part of the injection system is faulty or wrongly adjusted, leading to over fueling. First thing I would do is replace the air filter, and see if there is any improvement, as it is a relatively quick, cheap and easy job.
Thanks, another great reply and readers my mind somewhat. It does I believe have a dpf fitted.