If you have a look at the very bottom post on this page it explains a fair amount of the boats stats:
http://modelfireboats.com/rc/setups.php
The motor is brushless, it would be my recommendation to go down the brushless route no matter what the price difference is! it is a little more expensive but it's certainly where to get the power from. Brushed motors are old technology in many ways, but okay for tugs!
My boat also uses Lithium Polymer (Li-Po) batteries which are also quite new to the boating world. They are very often used in model planes when it's Important to keep the weight to a minimum as for their size and weight they pack a lot of power!
The propeller is a 40mm two blade type. I only have a single prop, although I guess with you having an original with an IC engine that will be the case with yours too.
I'm personally not a big fan on IC engines anyway, they require a great deal of work before anything works! So yes, electric is the way to go. You can get even more power from electrics in my opinion that with IC engines anyway.
I can't give you any advice at all on motors as I don't have any proper information to give you on mine. it was made by a company that has since stopped producing them, I would recommend speaking to brushless motor suppliers and seeing what they recommend to be honest. Don't be fooled by the size though, for small motors they have a deceptive amount of power.
The speed controller will need to be a brushless one too if that's what your planning on doing. it's worth just noting here too that I'd be careful to get one with reverse as most of them are forwards only.
That's all I can think of at the moment, let me know if you need any more information. You could start of a restoration blog on the website? Not sure if you have a digital camera but it would be interesting to see the stages of restoration. People can then help you as you go along by posting small responses. Only an idea!?
Best regards,
Stephen
www.modelfireboats.com
--- ORIGINAL MESSAGE (REPLY ABOVE) ---
HI Fireboat my name is Dave, I am in Birmingham and have retrieved my fire boat from the loft where it has sat for some 30 years. I think it was the Kiel Kraft and is 35 inch long. it currently has 3.5cc OS glow-plug engine which I can not use at my local boating lake in Bournville. I like the way your model sails and planes well. and looks very much like my model and size. As I start out on restoring my fire boat I would be interested in what motor/batteries and prop you have used as I am effectively a novice again, as the technology has changed so much!
Many thanks.
Dave