I saw a buoyancy problem solved for a floating intertube using Behavioral Modeling in Pro/E 2000i. Unfortunately I don't have a copy of that analysis. However, with a little equation work and some analysis features, it shouldn't be too hard to duplicate. Just make sure the sum of the forces equals zero.
The buoyancy equation is:
Buoyancy Force = specific weight * volume of body
at equillibrium:
Buoyancy Force = Weight Force of body
Changing Buoyancy to a depth is:
depth=(fluid pressure-atmospheric pressure)/(specific weight of fluid)
I think pressure can be converted to a force at the object's centroid by this equation. If the numbers don't make sense, you will have to look up this equation.
Force of fluid pressure = specific weight * depth to centroid * surface area of object
Here are some average specific weights:
specific weight of water = 62.4 lb/ft^3
specific weight of sea water = 64.0 lb/ft^3
specific weight of air = 0.0765 lb/ft^3
Weight is applied at the object's center of gravity. Buoyancy force is applied at the object's center of volume. These do not have to be the same location, but they will line up vertically in steady state.
Good luck.