What is it made of? It could be an hydraulic intercooler from some sort of vehicle, maybe military, perhaps the steering system of a tank, or the traversing system of a digger, something that gets a lot of fluctuating pressure, generating heat.
The system on the boat was the steering, one problem was too many very minor movements while on longer legs of their trip, about 5 days from NZ, to Fiji, and other similar trips.
Ian S C