The purpose of this study is to analyze the economic aspect of sea transportation system between Inchon and Youngjong island in which Inchon international airport is being constructed. Total demand of sea transportation arising from in the airport and Yongyu Muwi leisure complex was estimated. To select optimum transportation route, environmental conditions in and around Inchon harbour and Youngjong island including the change of water depth by tide current, fog, rain, wind adn typhoon, ets., were investigated. The preliminary consideration on ships (size, velocity, transport capacity, price), routes, operational modes, terminals and berthing facilities were carried out. The transportation cost per passenger by sea transportation system was estimated to compare with that of land transportation system. It was found that sea transportation system proposed is competitive to the transportation system.