In this study, using the governing equation for thermohydrodyamic lubrication involving the homogeneous mixture of incompressible fluid derived by based on the principle of continuum mechanics, it is discussed the effects of water within turbine oil on the performance of high speed journal bearing of a steam turbine shipping engine. The governing equation is the general equation being able to be applied on the mixture of Newtonian fluid and non-Newtonian fluid. Here, the fluid viscosity index, n of power-law non-Newtonian fluid is supposed to be 1 for the application of the journal bearing in a steam turbine shipping engine lubricated with the mixture of two Newtonian fluid, for example, water within turbine oil. The results related with the bearing performance are showed.