Considering the complexity of propulsion plant and the multiple operating conditions for fishing vessel, the modeling and simulation of ship engine propeller and net for the ocean-going fishing vessel are investigated. According to the matching theory of ship engine propeller and net, the relationships of them are analyzed. Furthermore, the motion balance equation and dynamic equilibrium equation are built for the translation system and rotation system of fishing vessel which can indicate the changing trends of propeller rotational speed or ship speed and propeller torque of thrust. Based on this, by setting up the simulation models of various subsystems, the simulation model of propulsion plant are built for the ocean-going fishing vessel. A trawler is considered to perform simulation tests in which start-up condition, normal navigation condition and trawling condition are taken into account. The simulation results illustrate the correctness and validity of modeling and simulation for propulsion plant system.