Drink that has naval ratings finally bouncing wildly (9,5)

I believe the answer is:

sauvignon blanc

'drink' is the definition.
(Sauvignon blanc is an example)

'naval ratings finally bouncing wildly' is the wordplay.
'finally' indicates one should take the final letters.
'wildly' indicates anagramming the letters.
The last letter of 'ratings' is 's'.
'naval'+'s'+'bouncing'='navalsbouncing'
'navalsbouncing' with letters rearranged gives 'SAUVIGNON BLANC'.

'that has' acts as a link.

I've seen this clue in The Times.

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