Drink with famous sailor in hold (4,6)
I believe the answer is:
half nelson
'hold' is the definition.
(I know that half nelson is a type of nelson)
'drink with famous sailor' is the wordplay.
'drink' becomes 'half' (I've seen this before).
'with' is a charade indicator (letters next to each other).
'famous sailor' becomes 'nelson' (British admiral Horatio Nelson).
'half'+'nelson'='HALF-NELSON'
'in' is the link.
(Other definitions for half nelson that I've seen before include "Wrestling hold" , "a description of what can be seen from the side of Trafalgar Square?" .)