For fishing from the rocks. Has a quick release rod clamp (trigger type) which is first secured to the butt of a rod by tightening two bolts by hand - the ones with the red knobs in the photo. Just pull up on the release at the same time the rod is lifted to free the rod from the holder. A rod can also be lifted vertically while staying in the holder as the clamp can be turned down to become horizontal.
Octagonal piton. As you can see, folds up for easy carrying and storage.

From Daiichi Seiko