To explore the capability of quad polarimetric SAR images from a new pursuit monostatic mode of TerraSAR-X and TanDEM-X, a novel process chain for ship detection and velocity estimation is proposed in this paper. Compared with the classic processing chain used for single SAR image, more efficient techniques are integrated into this novel chain, which take advantage of the new image mode and its excellent imaging quality in term of the radiometric and geometric accuracies. Land masking based on coherence optimization and ship velocity estimation depended on the difference of positions from individual images are proposed as significant improvements in the new process chain. Their efficiency is validated with the experimental SAR images acquired over East China Sea. The experimental results show that the land regions and small islands are entirely removed and the estimation results of ship velocity is close to the ground truth from automatic identification system (AIS) data.