Cryptic crossword clue
Company moves fast across lake in rowing boats 8

The most common and most likely answer to this crossword clue is the 8 letter word CORACLES

I've seen this crossword clue in Financial Times
C
O
R
A
C
L
E
S

Buddy explains!

The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does CORACLES mean?

CORACLES noun
  1. A small circular or oblong boat made of wickerwork and made watertight with hides or pitch, propelled and steered with a single paddle and light enough to be carried on a person's back.

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