Speciation analysis of long-lived I-129 in seawater can provide useful information on the source of water masses. This paper presents an improved method for speciation analysis of I-129 based on coprecipitation of iodide as AgI with Ag2SO3 and AgCl. By adding a small amount of I-127 carrier, the separation efficiency of iodine species and the accuracy and precision of I-129 measurement are remarkably improved. I-129 species in depth profiles of seawater from the Antarctic were analyzed for investigation of water circulation in the Antarctic.