This study was carried out for the hull form development of G/T 340ton class high speed fishery patrol ship by Chosun University at the Circulating Water Channel cooperatively with Korea Maritime Service. Same size of 15knots class fishery patrol ship was selected as a parent form (Model number : CU-015), and modified fore and after body to be suitable for the operation at 20 knots. To minimize the breaking wave in the vicinity of fore body at high speed zone, high bulb nose and slender fore body hull form was chosen as an initial condition. Meanwhile, to ensure the engine room space keeping high resistance-propulsion performance, U-type stern hull form was developed.