Second version of wine vessel (7)
I believe the answer is:
redraft
'second version' is the definition.
(I've seen this in another clue)
'wine vessel' is the wordplay.
'wine' becomes 'red' (red is a type of wine).
'vessel' becomes 'raft' (I've seen this before).
'red'+'raft'='REDRAFT'
'of' is the link.
(Other definitions for redraft that I've seen before include "Altered document" , "Corrected version" , "Produce a new version of a document" , "Sketch a new plan" , "Make a copy" .)