A hull configuration has a bow and a stern, and is for use in a single or multiple hull vessel. The hull configuration comprises: a pair of cutting edges, each cutting edge sloping rearwardly, downwardly and in an outwardly lateral direction, from the bow; a pair of keels, each keel extending longitudinally rearwardly and laterally inwardly from an end of a respective one of the cutting edges and converging at the stern; a pair of sidewalls, each sidewall extending generally upwardly from a respective one of the cutting edges and from a respective one of the keels, the sidewalls extending rearwardly to the stern; and a bottom channel defined between the cutting edges and between the keels. The channel comprises a forward portion having a concave upper surface and rearward portion having a planar upper surface. The channel decreases in width from ends of the cutting edges towards the stern.