The Caravel was slightly smaller than the Carrack. It was generally used for carrying cargo and fishing. Prince Henry the Navigator of Portugal created the Caravel for long distance trade. It boasted two or three masts that had interchangeable sails. Square sails were used for open water while lateen sails were used for shoreline sailing. The also had a rounded bottom, making them faster than other vessels of their time. Subsequently, they were also favored by pirates. Columbus’ ships, the Nina and the Pinta, were both designed as Caravels.