A deep-V hull configuration for a surface effect ship (SES) that utilizes a cushion of pressurized air and improves the handling characteristics and efficiency of the vessel is provided by the present invention. The surface effect vessel has an air cushion recess for containing the pressurized cushion of air that has a sloped transition area on a bow side edge. Water redirecting structures on the deep-V hull direct a turbulent water flow toward blow through areas of the air cushion recess and, thus, prevent air from escaping from the air cushion recess. Multiple longitudinal and transverse air compartments are formed in the air cushion recess. Specialized separation portions provide for restricted air communication between the multiple air compartments. Air is introduced into the multiple air compartments at independently adjustable pressures to facilitate turning and to adjust for various operating conditions. Specialized drive shafts and prop configurations are further utilized to improve the functioning of the surface effect vessel. The present invention may be utilized for fast marine transportation as well as various military applications.