Simulation modelling, performed by System Dynamics Modelling Approach and intensive use of computers, is one of the most convenient and most successful scientific methods of analysis of performance dynamics of nonlinear and very complex natural technical and organizational systems 1. The purpose of this work is to demonstrate the successful application of system dynamics simulation modelling at analyzing performance dynamics of a complex system of ship’s propulsion system. Gas turbine is a complex non-linear system, which needs to be systematically investigated as a unit consisting of a number of subsystems and elements, which are linked by cause-effect (UPV) feedback loops (KPD), both within the propulsion system and with the relevant surrounding. In this paper the authors will present an efficient application of scientific methods for the study of complex dynamic systems called qualitative and quantitative simulation System Dynamics Methodology. Gas turbine will be presented by a set of non-linear differential equations, after which mental-verbal structural models and flowcharts in System dynamics symbols will be produced, and the performance dynamics in load condition will be simulated in POWERSIM simulation language.