Vessel in evident trouble listed, finally capsized (10)
I believe the answer is:
overturned
'capsized' is the definition.
(I've seen this before)
'vessel in evident trouble listed finally' is the wordplay.
'vessel' becomes 'urn' (urn is a kind of vessel**).
'in' means one lot of letters goes inside another.
'evident' becomes 'overt' (I've seen this before).
'finally' indicates one should take the final letters.
The last letters of 'trouble listed' are 'ed'.
'overt'+'ed'='overted'
'urn' placed inside 'overted' is 'OVERTURNED'.
(Other definitions for overturned that I've seen before include "Reversed (a legal decision)" , "Capsized" , "Placed upside down" .)