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Satellite remote-sensing provides a cost- and time-effective tool for ship monitoring at sea. Most existing approaches focused on extraction of ship locations using either hull or wake. In this paper, a method of cascaded detection of ship hull and wake was proposed to locate and classify ships using high-resolution satellite imagery. Candidate hulls were fast located through phase spectrum of Fourier transform. A hull refining module was then executed to acquire accurate shapes of candidate hull. False alarms were removed through the shape features and textures of candidate hulls. The probability that a candidate hull is determined as a real one increased with the presence of wakes. After true ships were determined, ship classification was conducted using a fuzzy classifier combining both hull and wake information. The proposed method was implemented to Gaofen-1 panchromatic and multispectral (PMS) imagery and showed good performance for ship detection with recall, precision, overall accuracy, and specificity of 90.1%, 88.1%, 98.8%, and 99.3%, respectively, better than other state-of-the-art coarse-to-fine ship detection methods. Ship classification was successfully achieved for ships with detected wakes. The accuracy of correct classification was 83.8% while the proportion of false classification was 1.0%. Factors influencing the accuracy of the developed method, including texture features and classifiers combination and key parameters of the method, were also discussed.