So internet data says Monk designed, 69,500 lbs, twin direct drive 700 hp CAT diesels with the wheels in a partial tunnel...cruise 13knt @ ~1850 rpm....max 20.5knt @ ~2300 . Slip with a 32x41.5(?) inch wheel is 486% and 383%, which seems way high unless it is a fully-cavitating propeller because it is way off the standard prop charts even with a partial tunnel. Are these the original wheels? It's not that props seem too small, but the pitch seems too large. Perhaps this is why they have been "repaired" so much.
Anyway...
If the area distribution is approximately the same, then a larger DAR will mean increased torque for a given rpm, which means to get to the same rpm, you need more shp. On the other hand, a larger DAR means that there is, generally, more thrust at a given rpm; which for all other things being equal (i.e. same cavitation number), means less slip so less rpm is needed. So a larger DAR hurts torque, but helps thrust; assuming props of similar development. Whether you will make the the same speed at the same shp would require a detailed analysis of the powering curve, engine output curves, and propeller curves. Basically, what was done to select the props to begin with.