A numerical study is carried out to clarify the characteristics of flow fields and breaking phenomena around a high speed catamaran hull advancing on calm water. Computations are carried out for Froude numbers between 0.2 and 1.0 and for ratios of the distance between hulls to the catamaran length varying between 0.2 and 0.5 for a mathematically defined Wigley hull. A Navier-Stokes solver which includes the nonlinearities of free surface conditions is employed. Computations are performed in a rectangular grid system based on the Marker & Cell method. For validation, present computation results are compared with existing experimental results. As an application, the results of the displacement catamaran are used for the breaking analysis.