Hyperdrive and Sublight Travel

In the LUCL canon, ships usually have both a hyperdrive and some kind of sublight engine.

Sublight Speed
The sublight engines, which are usually powered by Imaginite fuel, are used for moving the ship short distances or maneuvering around obstacles. Dogfights take place at sublight speed, as well as docking maneuvers and all in-atmosphere flight. Sublights aren't capable of propelling ships faster than the speed of light however, which means that traveling at sublight speed is impractically slow for traveling long distances.

It is possible to travel between chunks at sublight speed, which is what rockets were made for. Essentially an engine with a cockpit, rockets do not require a full starship licence to own and are good for hopping between chunks.

Hyperspace
Hyperdrives are used for travel to more distant places. They work by moving the ship into an alternate dimension where distances are shorter so faster travel is possible. Hyperdrives can only travel in a straight line, however, which means that ships must sometimes drop out of hyperspace and make a turn at sublight speed to dodge an obstacle.

Ships must also be built with enough structural rigidity to withstand the stresses of hyperspace jumps.

Warp Technology
Both of these flaws are fixed by warp drive technology, which was developed by Crossbow9568's character, Axel Crossbow, with Paradigm. The design allows for maneuverability at faster-than-light speed, and is only slightly slower than hyperspace travel. However, it requires large warp nacelles. Axel's idea was only used in one prototype ship, the Scarlett. Hyperdrives by far the most common technology.