The term 'Lifeboat CRANE' is a combination of two words, 'Lifeboat' and 'CRANE'. A lifeboat is a small boat used to rescue people from a sinking ship, while a CRANE is a machine used to lift and move heavy objects. The crossword solution for this term is 'DAVIT', which is a type of CRANE specifically designed to lower and raise lifeboats from ships. Davits are typically mounted on the side of a ship and can be operated manually or by a winch.