A floating vessel is a type of boat or ship that is designed to stay afloat on water. The term 'floating vessel' can refer to any type of boat, from a small RAFT to a large cruise ship. The crossword solution for the term 'floating vessel' is 'RAFT, ' which is a small, lightweight boat made of logs, planks, or inflatable tubes. Rafts are typically used for recreational purposes, such as fishing or river rafting, but they can also be used for transportation and rescue operations.