Doesn't stand it in the ship (4)
I believe the answer is:
sits
'doesn't stand' is the definition.
(I've seen this in another clue)
'it in the ship' is the wordplay.
'in the' indicates putting letters inside.
'ship' becomes 'SS' (prefix in ship names eg SS Great Britain).
'it' going inside 'ss' is 'SITS'.
(Other definitions for sits that I've seen before include "Takes a chair" , "Poses for a painter" , "Is in session" , "Perches" , "Takes a seat for the painter" .)