Crossword Genius

Onassis, say, would now perish at sea (9)

Ross

I believe the answer is:

shipowner

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

'onassis say would' is the definition.
I can't tell whether this definition defines the answer.

'now perish at sea' is the wordplay.
'at sea' indicates an anagram.
'now'+'perish'='nowperish'
'nowperish' with letters rearranged gives 'SHIPOWNER'.

Can you help me to learn more?

(Other definitions for shipowner that I've seen before include "Onassis, say" , "I've secured brig" , "Crafty proprietor" , "man over the line" .)

I've seen this clue in the Sydney Morning Herald.
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