Max. Warp is the farthest you can move with a single move command.
It's not much use to have a huge max warp unless you also invest
in WARP ENERGY REDUCTION (WER). For example, with shields up and
no investment in WER, moving 25 sectors would cost 12*25*25
or 7500 units of energy!! Moving 5 sectors 5 times would cost
5*(12*5*5) or 1500 units. It's much cheaper to move slowly.
But, a high maximum warp is handy for escaping enemies and for
scouting.
A typical ship has a max warp of 10.