ways vs shipway

ways and shipway both are nouns.

Word	Noun	Adjective	Verb	Adverb
ways	Yes	No	No	No
shipway	Yes	No	No	No

As nouns, ways and shipway are synonyms defined as:

ways and shipway: structure consisting of a sloping way down to the water from the place where ships are built or repaired

Other synonyms of ways include slipway.

ways (noun)	shipway (noun)
structure consisting of a sloping way down to the water from the place where ships are built or repaired	structure consisting of a sloping way down to the water from the place where ships are built or repaired
	a canal large enough for seagoing vessels