M Sonic microprocessor ESC.
Looks a bit like the Graupner Pollux tugs,
I had a similar vintage tug from the early 1960s called Libeccio, was free running, Mighty Midget and fixed adjustable rudder. Converted to rc and used to push my Mercantic coaster around as they were similar scales.
The hull eventually disintegrated (early extruded plastic) but my friend Bill managed to make a mould and cast in resin. in fact we use the hull with different designs for children to sail at shows. I usually have one in stock as they make a good starter model for new members.
300 size motors with a 10 amp ESC and 6v Nimh work fine.
Hope you mange to get yours going.
Dave