This is an 8 day ships strike wall clock made by the Schatz clock company of Germany. It strikes the "ships bell" strike on the hour and 1/2 hour.
Closer view of the clock. The actual clock is about 4.5-5 inches wide, the wood spoked area is about 16" in diameter.
Side view of clock. The wood spoked wheel is of solid wood and looks to be hand made.