Reliability analyses of Level I, II and III for bearing capacity, overturning and sliding of quaywall are carried out to investigate their safety levels depending upon its failure modes, and sensitivity analyses of each design variable are performed to find their effects on safety levels of quaywall. Reliability indices was 1.416 for both level II and III for case study I, and with 2.201 and 1.880, respectively, for the case study II at the critical loading conditions. Thus we were able to know that Level II (FORM) approach is good enough to use in practical design. Generally, it was found that probabilities of failure of quaywall were higher for sliding and bearing capacity failure modes and lower for overturning failure mode. From sensitivity analyses, the most influential design variables to reliability index of quaywall were coefficient of friction, residual water pressure and resistance moment for the sliding, overturning and bearing capacity failure modes, respectively. Especially, the sensitivity of reliability index due to inertial force and dynamic water pressures, which include a large COV when earthquake occurs, did not change greatly.