Cryptic crossword clue
Meet with sailors, for example, at rear of port, welcomed by Rear Admiral 7

The most common and most likely answer to this crossword clue is the 7 letter word REGATTA

I've seen this crossword clue in Independent
R
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Buddy explains!

The straight part
We know that "Meet with sailors" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case meet with sailors = regatta.
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 REGATTA mean?

REGATTA noun
  1. A series of boat races, or sometimes a single race.
  2. A striped cotton fabric.

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