My guess, something like that
this post was submitted on 16 Oct 2023
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That sounds very plausible, I can imagine the four tabs around the opening clamping down on the bollard, with a slot at each corner to bolt it down. Also it's something that would probably be thrown in the canal after being illegitimately removed.
Porthole?
Kind of looks like the base for a road cone but I always thought those were rubber
The weight of it would make it a pretty impractical traffic cone, it's almost an inch thick cast iron
That's metal my guy.