The Collaborative International Dictionary of English v.0.48:

Fake \Fake\, v. t. (Naut.)
   To coil (a rope, line, or hawser), by winding alternately in
   opposite directions, in layers usually of zigzag or figure of
   eight form,, to prevent twisting when running out.
   [1913 Webster]

   Faking box, a box in which a long rope is faked; used in
      the life-saving service for a line attached to a shot.
      [1913 Webster]