The effect of corrosion thinning on the collapse pressure of a submarine pressure hull made of HY-80 steel is investigated. Corrosion experiments on the heat-treated steel were conducted using potentiodynamic polarisation and immersion tests in sampled seawater, and compared to the in-situ measurements of a submarine pressure hull, to establish the annual corrosion thinning rates for the material. A finite element analysis was carried out on the ring-stiffened cylindrical section to determine the collapse pressure over a range of hull thinning, using experimentally obtained stress-strain behaviour of the material. Results on collapse pressures and their associated depth of operation are presented.