Spars and rigging the best picnic basket! (9)

I believe the answer is:

tophamper

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'spars and rigging' is the definition.
I can't tell whether this defines the answer.

'best picnic basket' is the wordplay.
'best' becomes 'top' (top can mean the very best).
'picnic basket' becomes 'hamper' (as in a food hamper).
'top'+'hamper'='TOPHAMPER'

'the' is the link.

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

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