just also in this link to find:
Steuermannsauszeichnung der Pioniertruppe/ Helmsman´s award of the engineer corps, (Korporal) Note frequent use of little anchor as pendant for this lanyard.
last picture right on end of page.http://www.austro-hungarian-army.co.uk/badges/lanyard1.htmhttp://www.kuk-wehrmacht.de/img/oe1898_06.jpg
badges were awarded for special achievements. There was the coxswain badge, consisting of a steel cord with two green ball tassels, as well as the work of a badge messingnen disc with a black circle in the middle. In it was the pioneer badge of two crossed blades and staples. The infantry troops assigned to the pioneers wore their parolis a special forces unit pioneer badge. http://de.wikipedia.org/wiki/K.u.k._Pioniere#Abzeichen
no idea if a connection...