The oceanographic community has always been concerned with providing environmental models and data which approximate the physics of the ocean in the most accurate way. Industry, on the other hand, needs accurate data and models for design purposes. Although uncertainties of data and models were discussed before the 1980s, they were not systematically quantified. Further development of the reliability methods (Madsen et al. 1986) and their implementation by some parts of the industry in the 1980s has brought much focus onto the uncertainties associated with environmental description. The PROBabilistic Analysis program PROBAN Ò developed by Det Norske Veritas at the end of the 1980s, and continuously improved since then (DNV 2002), is still one of the leading software packages for reliability calculations and is used by academia as well as industry. Reliability methods allow quantification, in a probabilistic way, of the uncertainties in the different parameters that govern structural integrity.