Fast bowler going round front of transatlantic ship (7)
I believe the answer is:
steamer
'ship' is the definition.
(a steam ship)
'fast bowler going round front of transatlantic' is the wordplay.
'fast bowler' becomes 'seamer' (short for a seam bowler in cricket. I am not sure about the 'fast' bit.).
'going round' is an insertion indicator (some letters go around others).
'front of' indicates taking the first letters (the letter at the front of the word).
The initial letter of 'transatlantic' is 't'.
'seamer' placed around 't' is 'STEAMER'.
Can you help me to learn more?
(Other definitions for steamer that I've seen before include "Large vessel - cooking vessel" , "Boat, cooking vessel" , "Vessel at sea or in kitchen" , "Old-style ship" , "Vessel housing galley" .)
