The most common and most likely answer to this crossword clue is the 9 letter word BINNACLES
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The straight part
We know that "Parts of ship" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case parts of ship = binnacles.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 BINNACLES mean?
BINNACLES noun- The wooden housing for a ship's compass, with its corrector magnets and illuminating arrangements. The log and other equipment for measuring the ship's speed are also stowed there.
- The instrument cluster on a car or motorcycle.