Many factors affect the performance and capability of a boat hull. Examples include waterline length, displacement and the number of hulls used.
Most boaters understand that different hull shapes offer corresponding differences in vessel performance. Hull shape affects everything from cargo capacity to seaworthiness to speed through the water. Ultimately, the best hull shape is one tailored to best match the intended use of the vessel. Each hull design decision seeks to make a working compromise among competing design factors. Vessels can have a single or monohull, or use multiple hulls like a catamaran.
Monohull Vessels - Measuring a boat's length, width, draft and displacement provides a simple description of it's hull shape. A vessel designed to operate in shallow water will need to have limited draft, a wide beam and modest displacement. While able to operate safety in a river environment, you would avoid using a boat like this in the open ocean. Hull shape and vessel displacement are two major hull performance factors:
Multi-Hulls Vessels - Using multiple hulls can greatly influence boat performance. If you compare a monohull to a multi-hull vessel with the same total displacement, the multi-hulled boat will be less efficient at low speed because it has a greater surface area of hull in contact with the water. At low speeds, a multi-hull boat like a catamaran will be a more stable platform. Many family oriented boaters purchase pontoon style boats for this reason. At higher speeds, multi-hulled vessels see the benefit of having their total weight divided between two or more hulls that are narrow compared to their waterline length. Remember that vessel speed through the water is proportional to the square root of the vessel waterline length.
Obviously, other factors like the draft and cross sectional shape of a vessel determines its performance. Naval architects consider these issues each time they design a boat. A prospective boat owner will consider these issues as well in making an informed purchasing decision. Try to pick the boat that best matches all of your boating requirements. Barring that, varied demands for a boat can provide an excuse for having a second vessel!