merchant vessels vs conveyance

merchant vessels and conveyance both are nouns.

Word	Noun	Adjective	Verb	Adverb
merchant vessels	Yes	No	No	No
conveyance	Yes	No	No	No

As nouns, conveyance is a hypernym of merchant vessels; that is, conveyance is a word with a broader meaning than merchant vessels:

merchant vessels: conveyance provided by the ships belonging to one country or industry
conveyance: something that serves as a means of transportation

Other hypernyms of merchant vessels include transport.

merchant vessels (noun)	conveyance (noun)
conveyance provided by the ships belonging to one country or industry	act of transferring property title from one person to another
	the act of moving something from one location to another
	something that serves as a means of transportation
	the transmission of information
	document effecting a property transfer