An improved pump and sealing assembly having particular utility to vertically extending pumps/pump shafts provides an arrangement that enables field repair as opposed to requiring travel of the host vessel to a shipyard. The apparatus includes an adapter housing that is configured to provide easy access to set screws that enable field disassembly. This adapter housing carries a sleeve and a bearing. The adapter housing can be fitted to a pump seal assembly that can include a mechanical seal and under bearing assembly.