The document discusses FastShip, a company proposing a new method of ocean shipping that would transport goods from the Eastern US to Western Europe in 7 days or less. This new system would use large cargo ships powered by water jets that could carry 10,000 tons of goods across the Atlantic faster and cheaper than standard air freight. FastShip aims to build new automated terminals and develop an integrated logistics network to enable time-sensitive and cost-effective ocean shipping. If successful, this new approach could revolutionize international trade by making ocean transportation faster while still being less expensive than air transport.