High-speed crafts need to apply regulations that are different from conventional ships due to the characteristics of high speed, light weight and special operations. The International Code of Safety for High-Speed Craft issued at 2000 ( 2000 HSC CODE), as a relatively complete rule applicable to the high-speed craft, is widely accepted by various Maritime Administrations as the design basis for the high-speed craft. The safety principles of the 2000 HSC CODE and the applicability to various Maritime Administrations are briefly introduced. Then the accident types and causes of the high-speed craft are analyzed through domestic and international high-speed craft accidents. And the risk control and design measures applicable to the high-speed craft are further introduced, including general design requirements such as operation restrictions, damage stability, fire protection and evacuation analysis, for understanding the safety principles and guiding the design of the high-speed craft.