Quantification of left (LV) and right (RV) ventricular volumes and masses from Cardiac Magnetic Resonance (CMR) images is of prime importance for the clinical assessment of a wide variety of cardiac diseases. Despite over a decade of research aimed at the development of fast and reliable tools for automated endo- and epicardial contours identification, the problem is still open, particularly for the RV as a consequence of its more irregular shape and its higher density of trabeculations. In this study, a novel near-automated technique for the segmentation of LV endo- and epicardial as well as RV endocardial contours is presented. The technique is based on a 3D narrow-band statistical level set and on 2D edge-based level set algorithms. The technique was tested on CMR images acquired at both end-diastolic and end-systolic phases. For performance evaluation, an experienced interpreter manually traced ventricular contours, which were used as reference. A series of quantitative error metrics (e.g. mean absolute distance, MAD) were computed between automatically identified and manually traced contours. The results showed the high accuracy of the proposed technique (MAD: LV Endo = 1.4±0.7 px; RV Endo = 1.6±1.2 px; LV Epi = 1.4±0.6 px), which could thus potentially lead to the implementation of a tool for fast and reliable identification of ventricular contours.