Be careful when it comes to reducing the clearance on the pin. The leverage on that pin could easily spall or crush the FG in the area of the pin. I would think the CB is intended to react against the inside walls of the trunk, with the pin there only to locate the CB and act as a hinge for retraction.
Notice the relatively long lever arm above and below the pin on the right side, with the CB pushing against the walls. Contact pressure (force divided by area) at the top and bottom would be relatively small as the force is relatively low, and the area relatively large.
If the pin were trying to do that, the lever arm is the thickness of the CB, though maybe reduced when the CB slides over to one side when pushed on by the water. But the reaction forces, which would be relatively huge, would be taken out only through the surface where the pin contacts the CB at the ends, which is relatively very small, so the contact pressure would be extremely high compared to the previous case.
But either way, I'm guessing the pin was not intended to take any real load, especially since it's only passing through unreinforced FG.
Left side - CB hanging on the pin, with large clearance hole.
Right side - CB canted from lateral force, hole/pin not taking any load.
Disclaimer - I have no idea what the geometry actually looks like inside there, so I just made this sketch up to demonstrate the principle.
