An extreme sea storm process can lead to a jack-up rig under the combined loading condition of vertical load ( V), horizontal load ( H), and moment ( M) to have stability problems. This paper presents the analysis of combined bearing capacities of a circular spudcan on layered clays with a strong layer overlying a comparatively weaker layer. Numerical models combined with displacement-based load tests, swipe tests, and constant ratio displacement probe tests are adopted to calculate the uniaxial bearing capacities, failure envelopes in combined V-H, V-M planes, and failure envelopes in a combined V-H-M load space, respectively. A parametric study on the effects of vertical load level V, the layer strength ratio s u,t/ s u,b, and the hard layer thickness t 1 on the bearing capacities is then performed. Results show that the vertical load level is a key factor that influences the values of H and M and the size of the H-M failure envelope. The existence of the underlying weak clay decreases the bearing capacities in all directions, and the vertical capacity V ult is affected more than the horizontal ( H ult) and moment ( M ult) capacities based on a single uniform deposit. The influence of the underlying weak clay on H-M failure envelope is mainly shown where H and M are coupled in the same direction. In contrast, little difference is observed when H and M are coupled in opposite directions.