This is an injection plastic and metal radio or remote-controlled ship model.
Here's a super-cool and super-zippy li'l radio controlled boat! The iBoat set includes the boat itself, the controller/charger, a display stand, and an owner's manual (Japanese only). The iBoat's two props and one rudder give it superb performance and control, and can move forward and backward and turn in any direction. Runs for up to 6 minutes on a 2-minute charge. Requires two AA batteries for the controller/charger. This blue version operates on a 40MHz frequency, and can be used with the red version, linked below.