Based on the Vine copula theory, a trivariate statistical model of significant wave height, characterized wave period and mean wave direction was constructed. To maintain the properties of the different types of variables, a special copula function was derived from the model developed by Johnson and Wehrly based on the maximum entropy principle. It was then combined with the Archimedean copulas to construct the proposed model. An effective algorithm for generating corresponding joint pseudo-random numbers was also developed. Statistical analysis of hindcast data for the significant wave height, mean wave period, and direction, which were collected from an observation point in the North Atlantic every three hours from 1997 to 2001, was performed. The marginal distributions of the significant wave height and mean wave period were fitted by a modified maximum entropy distribution, and the mean wave direction was fitted by a mixture of von Mises distributions. It was shown that the proposed model is a good fit for the data. The seasonal wave energy resources in the target area were assessed using the model estimates. Histograms of the directional wave energy, wave energy roses, and scatter and energy diagrams were presented.