In this study, a new type floating breakwater was proposed to improve the capability of wave attenuation compared with the existing floating breakwater in Wonjun Port, which is located in Masan City, Korea. In order to develop the optimal design, many different configurations considering the shape and location of vertical barrier and horizontal plate were examined based on the shape of existing floating breakwaters in Wonjun and Tongyeong Port. The analytical and numerical results of the new type floating breakwater showed better performance in long-period wave attenuation than the existing floating breakwater in Wonjun. Therefore, the new type floating breakwater can improve harbor tranquility in Wonjun Port.