Three-dimensional unsteady potential flow calculations for a horizontal axis marine current turbine with a low order potential based panel method, originally developed for marine propellers, are presented. The analysis is carried out for straight and yawed flow conditions for a turbine with controllable pitch for two different pitch settings in a wide range of tip-speed-ratios. An empirical vortex model is assumed for the turbine wake which includes the variation of pitch of the helicoidal vortices behind the blades. Comparison of numerical calculations with experimental measurements available in the literature and effect of the tidal velocity profile on the turbine blade loadings are presented.