As a result of global warming, the area of the polar pack ice is diminishing, making merchant travel more practical. Even if Arctic ice thickness reduced in the summer, fractured ice is still presenting operational risks to the future navigation. The intricate process of ship-ice interaction includes stochastic ice loading on the vessel hull. In order to properly construct a vessel, the severe bow forces that arise must be accurately anticipated using statistical extrapolation techniques. This study examines the severe bow forces that an oil tanker encounters when sailing in the Arctic Ocean. Two stages are taken in the analysis. Then, using the FEM program ANSYS/LS-DYNA, the oil tanker bow force distribution is estimated. Second, in order to estimate the bow force levels connected with extended return periods, the average conditional exceedance rate approach is used to anticipate severe bow forces. The vessel’s itinerary was planned to take advantage of the weaker ice. As a result, the Arctic Ocean passage took a meandering route rather than a linear one. As a result, the ship route data that was investigated was inaccurate with regard to the ice thickness data encountered by a vessel yet skewed with regard to the ice thickness distribution in the region. This research intends to demonstrate the effective application of an exact reliability approach to an oil tanker with severe bow forces on a particular route.