Suction caissons are widely used to support offshore fixed platforms in coastal areas. The loadings transferred to suction caissons include the eccentric lateral force induced by waves and self weight of the platform structure. However, under this kind of combined loading conditions, the failure mechanism of caissons with shallow embedment depths is quite different from conventional deep foundations or onshore shallow footings. The behaviour of caissons subjected to combined loadings may be described with the "failure locus" in force resultant spaces. Here the failure loci of smooth caissons are studied by use of finite element approach, with the embedment ratio of caissons varying in the range of 0.25～1.0 and eccentricity ratio of horizontal loadings in 0～10. The platform settlement and tilt limits are involved into determination of failure loci, thus the platforms can avoid significant displacements for the combined loadings located inside the failure locus. Three families of loading paths are used to map out the locus. It is found that the shape of failure loci depends on 3 non-dimensional parameters, and the failure locus of a given caisson changes gradually from the elliptical curve to hooked curve with increasing shear strength of soil. The lateral capacity of short caissons may be enhanced by vertical forces, compared with the maximum lateral capacity of long caissons occurring at the vertical force being zero. The critical embedment ratios partitioning elliptical and hooked loci are proposed.