Hurry to sink the ship (7)
I believe the answer is:
scuttle
I believe this is a triple definition!
'hurry' is the first definition.
(I've seen this before)
'to sink' is the second definition.
(to deliberately sink a ship)
'the' acts as a link.
'ship' is the third definition.
(thesaurus)
(Other definitions for scuttle that I've seen before include "Scurry - sink - coal container" , "Sink one's ship deliberately" , "Sink with cutlets" , "container carrying coal?" , "Container with lid" .)