This report addresses Marine-Design Education in view of present and forecasted demands of the maritime industry, determined by a drastically transforming economic and technological maritime environment. In this framework, this report discusses in depth IT-based Marine Design education (par. 4) and reveals innovative educational concepts and initiatives, such as the EiT (Experts in a Team) concept (par. 3), the SFS (Student Friendly Software) initiative (par. 5), Education Driven Research (EDR, par. 6) and Research Based Education (RBE, par. 6). Nevertheless, the paper stresses the need for continuity between traditional and modern ways of teaching (par. 4) and points out that Marine Design education is not only about Design, but should also address project/business administration and decision making issues (par. 7).