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The Fastest Ship in the U.S. Navy. Boeing Pegasus-Class Hydrofoils - This video depicts some of the Boeing-built hydrofoils named after Tucumcari, New Mexico, it was the basis for the technology used in the subsequent Pegasus-class patrol boats and the Jetfoil ferries.
All things being equal-i.e. lines, amount of stores on board etc-theoretically the fastest ship under most conditions should be a frigate built ship with the longest waterline length-Endymion at 160ft on the gun deck was 5% longer than most RN 38 gun frigates.