Nautical hazards mean one takes in sail (5)
I believe the answer is:
reefs
'nautical hazards' is the definition.
(I've seen this in another clue)
I don't understand the remainder of the clue.
Can you help me to learn more?
(Other definitions for reefs that I've seen before include "Groups of submerged rock" , "coral banks" , "Ridges of rock or sand beneath sea surface" , "Submerged ridges of rock or coral near the surface of water" .)