Crossword Genius

Little craft displayed by chess champ - is he struggling? (8)

Ross

I believe the answer is:

dinghies

I'm a little stuck... Click here to teach me more about this clue!

'little craft displayed' is the definition.
I can't tell whether this defines the answer.

'chess champ is he struggling?' is the wordplay.
'chess champ' becomes 'ding' (I can't justify this - if you can you should give a lot more credence to this answer).
'struggling?' is an anagram indicator (the letters struggle or wriggle into a new form).
'is'+'he'='ishe'
'ishe' with letters rearranged gives 'hies'.
'ding'+'hies'='DINGHIES'

'by' acts as a link.

Can you help me to learn more?

(Other definitions for dinghies that I've seen before include "On the surface, they go along" , "Small open boats" , "Small rowing boats" .)

I've seen this clue in The Guardian.
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