I am now a lvl 50 so I can buy and use any ship, but I was wandering is it possible to create my own ship in a 3rd party 3d design program, and add it to the game (useing the specs of an already purchased ship)?
Cosmic is right, at best it will be new options or new ship varients which we can use to change the look of our ship.
But we will never see fanmade designs outside of contests due to legalities such as licensing and copyright issues. Not to mention CBS having to go through their approval process.