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Article: FastShip Technology Verified by International Certification Agency; Action Called a 'Major Milestone' for the Emerging Company
- Article from:
- PR Newswire
- Article date:
- May 7, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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PHILADELPHIA, May 7 /PRNewswire/ -- FastShip, Inc. took a giant step this week toward establishment of its high-speed transatlantic ocean shipping service. It received verification of its unique ship design by a major international certification organization.
Det Norske Veritas, the Oslo-based ship classification society, issued its initial report on FastShip's plans to construct a fleet of ships based on the merging of a unique hull design with a gas turbine propulsion system that will allow transatlantic crossings in less than four days at average speeds between 35 and 40 knots.
Specifically, the DNV report, called a "Structural Design Review" ...