The Philippines is claiming a world first as it develops a ship powered by waves.

The Department of Science and Technology (DoST) is funding a new project at Metallica Shipyard that will see a hybrid cargo catamaran built that can harness the energy of the ocean, and also use gas.

Engineer Nonilo Pena, of the DoST's Philippine Council for Industry, Energy and Emerging Technology Research and Development (PCIEERD), told the Manila Times that the keel was laid this week.

The plan is the brainchild of engineer Jonathan Salvador, an Aklanon shipyard owner, who has partnered with the Aklan State University (ASU).

Engineer Romeo Amuan, of the Maritime Industry Authority (Marina), said that naval architects from its central office were keeping a close eye on the development of the fast craft to ensure its success.

"This project when materialised is a major breakthrough to the shipping industry in the country. This is first in the world," Amuan said.

The cargo vessel will carry 100 passengers, four vans and 15 motorcycles. Steel will be used to build the vessel to ensure higher structural efficiency and better wave resistance.

Wave-energy double-action hydraulic pumps will be integrated in the outriggers of the hybrid craft, the DoST said.

The mechanical movements in the pumps will be converted to electrical energy that can be used to provide additional power to the vessel.

The more waves that the vessel encounters, the more power will be produced.

The vessel will utilise multi-engine technology that prevents it from encountering total engine failures while at sea, minimising maritime accidents.

It will also be constructed with a specifically engineered design to address the possibility of capsizing, making it practically unsinkable and able to withstand harsh environments.

The country hopes it will be ready by 2020.