A dual‐path recurrent neural network model is proposed to achieve noise reduction of underwater acoustic signals, which consists of three steps: feature extraction, mask separation, and signal recovery. For feature extraction, we use a multi‐scale convolutional neural network to extract higher‐order non‐linear features of the input signal and chunk the obtained non‐linear features into subvectors with fixed lengths according to the temporal dimension. In the mask separation, two recurrent neural networks based on constructing a dual‐path network, a bidirectional network for extracting intra‐features, and a directional network for extracting inter‐features is build. Finally, overlapping and permutation neural networks are used to recover the denoised acoustic signal. By comparing different denoising methods, it can be seen that this method is effective in underwater acoustic signals. By evaluating the two tasks of the ShipsEar dataset, this model can improve the signal‐to‐noise ratio by 12.02 and 9.48 dB, respectively.