Bay Shipbuilding Begins Construction on Tidewater PSV’s

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September 26, 2011

Fincantieri Marine Group says its Bay Shipbuilding division has started construction on two Polar Class PSV’s for Tidewater Marine.  The PSV’s are of the MMC 887 LH PSV design from MMC Ship Design of Poland.

The twin 92.4-meter deepwater PSVs feature a state-of-the-art diesel-electric Z-drive propulsion system with redundant dynamic positioning (DPS-2), polar class 7 (Ice Class PC 7), firefighting class 2 (Firefighting Vessel Class 2), and ENVIRO ABS notations.

“I am very pleased and excited that we are building the first Polar Class 7 Platform Supply Vessels for Tidewater Marine under the newly developed American Bureau of Shipping (ABS) Rules,” said Gene Caldwell, Vice President and General Manager of Bay Shipbuilding Company. “This has allowed us to transition from the OPA ’90 Tank Barge Market into the Offshore Arctic and Deepwater Market Sectors. Equally important, this production will jumpstart the recall of our previously laid-off workers.”

“With the win of this project, our focus remains to acquire additional contracts and grow our commercial business in concert with the continued CAPEX support being provided by our parent company, Fincantieri Cantieri Navali Italiani S.p.A.,” said Floyd Charrier, Vice President of Sales and Marketing.

Bay Shipbuilding Company, located in Sturgeon Bay, Wisconsin, is one of three U.S. shipyards operated by Fincantieri Marine Group, the U.S. arm of Fincantieri-Cantieri Navali Italiani.

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