The matric suction and volumetric water content of dredging soils obtained from Saemangeum area were measured by the automated Soil-Water Characteristic Curve (SWCC) apparatus under both drying and wetting conditions. Based on the test result, SWCCs of the dredging soils were estimated by the van Genuchten(1980) model. The matric suction of drying process is larger than that of wetting process at a same effective degree of saturation. The suction stresses for various matirc suctions were estimated using Lu and Likos(2006) model and the Suction Stress Characteristic Curves (SSCC) were predicted using the independent parameter of SWCC. The suction stress of drying path was increased and decreased, while the suction stress of wetting path was continuously decreased with increasing the effective degree. Also, the suction stress of drying path is larger than that of wetting path at a same effective degree of saturation. The Hydraulic Conductivity Function(HCF) was also predicted by the van Genuchten(1980) model. The hydraulic conductivity was increased with increasing the volumetric water content. The hydraulic conductivity of drying path is larger than that of wetting path at a same matric suction. According to the results of SWCCs and SSCCs, the hysteresis phenomenon of suction stress or matric suction during both drying and wetting paths was occurred. The main reason of hysteresis phenomenon is a ink bottle effect of water among soil particles.