Failure Modes and Effects Analysis (FMEA) is one of Sebastian’s main areas. The company has carried out FMEAs and FMECAs worldwide for all kind of ships and offshore installations since 1998, and became an IMCA member in 2005. As an independent company with uncompromising integrity and professionalism, we can carry out third party DP FMEAs as well as other third party consultancies and services. As one of the leading companies for DP FMEAs, Sebastian has a high focus on safe and reliable vessel operations, taking into consideration redundancies, all kinds of failures, including common and hidden failures, as well as possible inadvertent acts, which can cause loss of position control for offshore installations or ships. Sebastian can also carry out an FMECA (Failure Modes, Effects and Criticality Analysis), which involves the criticality aspect of a system component failure. To obtain the full benefit of an FMEA, it may be cost efficient to prepare a preliminary FMEA early in the design phase, and to check all systems for redundancy and separation before starting the final FMEA development, which is to be based on final documentation. This will avoid costly rebuilding of systems and equipment later in the building process.