According to the National Oceanic and Atmospheric Administration (NOAA), the Earth's average temperature is increasing annually as global warming continues, and the temperature of the Arctic region is increasing twice as fast as those of other regions (NOAA, 2018). With Arctic glaciers melting owing to global warming, the importance of developing marine resources buried in the Arctic is emerging. According to the United States Geological Survey, undiscovered recoverable resources in the Arctic region include approximately 90 billion barrels (Bbbl) of oil, 1,669 trillion cubic feet (Tcf) of gas, and 44 Bbbl of natural gas liquid (Bird et al., 2008). It is estimated that 13% of the world's undiscovered oil volume and 30% of the world's undiscovered gas volume are buried in the Arctic region. In general, marine resources in the deep sea are developed by offshore structures, and it is important to collect and analyze the metocean data of sea areas where marine resources are buried for the operation and survival of offshore structures. Metocean data include wave, wind, current, water depth, tide, and soil conditions. To reflect metocean data in the design of offshore structures, extreme value analysis should be conducted (API, 2005). Metocean data can be collected from measurement data of actual sea areas that use buoys or ships, hindcast data that estimate the desired data of the past through numerical methods based on past metocean data, and satellite data that use satellites. According to DNVGL (2015), for the design of offshore structures, the significant wave height (Hs) and spectral peak wave period (Tp) of 100-year return values should be used for waves, whereas the 100-year return value of the one-hour average wind speed at 10 m above the mean sea level (MSL) should be used for wind speed. For ocean currents, the 10-year return value of the current speed should be reflected in the design. To derive return values through statistical methods, methods for selecting the collected data must be determined. Such methods can be primarily categorized into global and event models. Global models include the initial distribution and total sample methods that use the entire data statistically, and the event models include the peak over threshold method, which uses data above a certain threshold, and the annual maxim method, which uses only the annual maximum values (DNV, 2014). Extreme value distributions (EVDs) used for extreme value analyses include the Gumbel, Frechet, Weibull, and log-normal distributions. Methods for estimating the parameters of EVDs include