This document discusses submerged floating tunnels (SFTs), which are tunnels that float underwater at a certain depth and are fixed in place by cables. SFTs are constructed using prefabricated segments that are joined together with rubber gaskets. They are anchored to foundations installed on the seafloor using cables to prevent excessive movement. SFTs allow for transportation tunnels to be constructed in very deep waters where conventional bridges or tunnels are not feasible. They provide benefits like avoiding disruptions to ship traffic and reducing environmental impacts compared to other crossing options. The document proposes an ambitious transatlantic tunnel between New York and London using SFT technology.