With the application of ANSYS finite element analysis software and environmental data in ChengDao oil field, a nonlinear finite element model of suspended submarine pipeline coupled with sea-floor soil is developed. Discarding the traditional and imprecise pipeline model with double clamped or simply supported ends, the model is founded on the theory of elastic foundation beam, in which the nonlinear effect between pipeline and sea-floor soil is considered. Base on the model we developed, the influences of span length and shear strength of soil at the ends of span on the span’s natural frequency are discussed. And the effects of span length, shear strength of soil and current velocity on the dynamic response of span are also analyzed in this paper. The model we developed in this paper fits the actual structure better, and the analysis is instructive for preventing and controlling the suspending of submarine pipeline.