To choose the suitable heat insulating material for refrigerated cargo hold shipboard of fishing vessel, a steady state three-dimensional mathematical model of heat transfer is developed in this paper. The heat-transfer model is simplified reasonably in order to facilitate analyzing and solving. After defining the boundary conditions of the model according to the heat-transfer process of the shipboard, numerical simulations with different heat insulating material are performed using computational fluid dynamics (CFD) software PHOENICS. The obtained temperature distributions of the model in each case are analyzed. The suitable one is pointed out according to the degree of influence of the heat insulating material on heat-transfer property of the shipboard.