A caravel is a small, highly maneuverable sailing ship developed in the 15th century, primarily used by European explorers for long-distance voyages. Characterized by its lateen sails and shallow draft, the caravel allowed for faster travel and better navigation along coastlines and into shallow waters. This innovation played a crucial role in the age of exploration, enabling explorers to embark on transoceanic journeys and contributing to the expansion of trade routes and maritime empires.