Owing to heavy criticisms of nearshore fish farming for causing environmental pollution and encroaching on sea space used for shipping, boating, recreational sea activities and marine eco-tourism, offshore fish farming has now being seriously considered. Moreover an offshore site provides more pristine water and greater space for increased fish production. However, offshore fish farming poses challenges such as a more energetic sea environment. A higher sea current can lead to large deformation of fish net and hence a net volume reduction which compromises fish welfare. With the view to identifying the effects of various important parameters on net volume reduction of a gravity-type open-net fish cage, this paper adopts a mass-spring model for the dynamic analysis of current-induced net deformations of cylindrical fish nets with discrete weights hanging at the bottom edge of the nets. In this model, the net mesh comprises knot nodes and bar nodes connected by tension-only massless springs. The spring stiffness is determined from the net bar diameters and material properties. The current-induced loads are applied to each node and calculated based on Morrison's equation. The governing equation system for nodal motions can be established according to Newton's second law, and solved by using the Runge-Kutta method for the real-time net deformations. The effects of net string reinforcements, weight distributions and net shapes on the net volume reduction are studied with the view to shed insights into how one may improve fish cage designs to effectively mitigate net deformation under high sea current speeds in offshore fish farming sites.