I've never heard of this before : )

>From 
>http://www.scmp.com/news/china/article/1580226/shanghai-san-francisco-100-minutes-chinese-supersonic-submarine

"China has moved a step closer to creating a supersonic submarine that 
could travel from Shanghai to San Francisco in less than two hours. "

..

"However, during the cold war, the Soviet military developed a technology
 called supercavitation, which involves enveloping a submerged vessel 
inside an air bubble to avoid problems caused by water drag.

A Soviet supercavitation torpedo called Shakval was able to reach a 
speed of 370km/h or more - much faster than any other conventional 
torpedoes."


                                          

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