In this paper, a mathematical and physical interpretation of the length and angle of the catenary curve made by anchor chains was implemented, and the safety of an anchored vessel was reviewed. So far, the holding force has usually been calculated when the angle of the catenary curve of the anchor chain to the seafloor is 0°. In this study, the holding force equation was strictly and explicitly derived considering the length of the chain and the depth of the sea. In addition, equations for the angle and length of the catenary curve were mathematically derived when anchor dragging occurs. The holding force equations derived in this paper are expected to help provide guidelines for vessel design or increase the safety of anchoring.