In this paper, studied are the dynamics of a moored buoy near the surface subjected to wave excitation. According to the physical structure, submersible buoy moored by tethered line is modeled firstly. Then from the differential equations, the natural frequencies are estimated by neglecting the coupling between tangential and normal direction. By use of numerical integration method, solutions are obtained. On this basis, strange attractors and bifurcation phenomena are obtained by applying Poincare map, phase plots and bifurcation diagram, showing the existence of the chaotic response in this system when wave steepness is high enough.
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