The studios on the stability of damaged ships have been carried out continuously to prevent frequent damages or sinkings which cause large loss of life and fortunes. For dry cargo ships, continuing losses have resulted in new legislation of the probabilistic damage stability. IMO has developed requirements for the subdivison and damage stability of dry cargo ships based on probabilistic concepts. The calculation of the probabilistc damage stability is a complicated and iterative job hence development of computer programs is indispensable. In this research, programming of the probabilistic damage stability according to new requirements has been done and the results were compared with those carried out by the other foreign packages. New algorithm using a grid model in a transversal section was introduced to reduce efforts in preparing input data for damage scenarios and as a result, has brought significant improvement in efficiency and performance.