The implosion phenomena of pressure vessels operating in deep water under extremely high external pressure have been well known. The drastic energy release to ambient field in the form of pressure pulse is accompanied with catastrophic collapse of shell structure. Such a proximity shock wave could be a serious threat to the structural integrity of adjacent submerged body and several suspected accidents have been reported. In this study, basic research for the occurrence and development of shock wave due to implosion was carried out. The mechanism of pressure pulse generation and energy dissipation were investigated, and a simplified kinematic model to approximate the collapse modes of circular tubes which can be generated by external pressure and implosion was examined. Using the simplified kinematic model, the process of energy dissipation was formulated, and the magnitude of released pressure shock wave was estimated quantitatively. To investigate the validity of developed kinematic model and shock wave estimation process, the results from a nonlinear FE analysis code and collapse test carried out using pressure chamber were compared with the results from the developed kinematic model.