The resistance performance of an icebreaking cargo vessel according to the variation of waterline angles is investigated numerically and experimentally. A recently developed Finite Element (FE) model is used in our analysis. A resistance test with synthetic ice is performed in the towing tank at Pusan National University (PNU) to compare and validate the computed results. We demonstrate good agreement between the experimental and numerical results. Shipice interaction loads are numerically calculated based on the Fluid Structure Interaction (FSI) method in the commercial FE package LS-DYNA. Test results from model testing with synthetic ice at the PNU towing tank are used to compare and validate the numerical simulations. For each waterline angle, numerical and experimental comparisons were made for three concentrations (90%, 80%, and 60%) of pack ice. Ice was modeled as a rigid body, but the ice density was the same as that used in the experiments. A comparative study according to the variation of stem angles is expected to be conducted in the near future.