BY ANITA LI Mashable

Australian shipyard Incat claims to have built the world’s fastest ship, the Francisco, which can travel up to 58 knots or 67 miles per hour.

Described as a “high-speed dual-fuel vehicle and passenger ferry,” the ship is powered by two modified jet engines driving a pair of water jets

“This is certainly the fastest ship in the world,” Kim Clifford, Incat managing director, said in a statement. “Of course there’s a few speed boats that could surpass 58 knots, but nothing that could carry 1,000 passengers and 150 cars, and with an enormous duty-free shop on board.”

Check out the video, above, to see the Francisco in action. Then tell us what you think in the comments.

Image courtesy of GE Reports

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