I'm going to suggest something that probably will raise a storm of protest, but it has worked for me. I have a 16 foot flatbed trailer with a plank bed that sits outside. The planks started to deteriorate and I tried several commercial preservatives and they didn't seem to do anything at all. Sure, at first they looked good, but after a few weeks it didn't seem like there was anything there at all. Following the advice of a local welder (a friend and man of great genius) I mixed waste oil (10-30 W) with a bit of diesel fuel and applied two coats. I did this over a year ago and this coating has held up just fine. I sure wouldn't do this when planks were in place on the bridge and risk spilling oil into the water. Also, my trailer planks were rough so they didn't become slick; I suspect that smooth finished planks might be slippery. By the way, I've been "chewed out" by an acquaintance who says that motor oil is too toxic to mess with. I guess you'll have to make up your own mind about this.