USA: Steel Cutting Ceremony for Two Tidewater PSVs

Fincantieri Marine Group (FMG) announced that its’ Bay Shipbuilding Company started steel cutting on two (2) 92.4 meter (303’) Platform Supply Vessels (PSVs) of the MMC 887 LH PSV Design from MMC Ship Design of Poland for New Orleans, La.-based Tidewater Marine, LLC, a wholly-owned subsidiary of Tidewater Inc.

The “Deepwater” Platform Supply Vessels are being built at FMG’s shipyard Bay Shipbuilding Company located in Sturgeon Bay, WI, and are state of the  art diesel-electric Z-drive propulsion vessels with redundant dynamic positioning (DPS-2), polar class 7 (Ice Class PC 7), fire fighting class 2 (Fire Fighting 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 under the newly developed American Bureau of Shipping (ABS) Rules for Tidewater Marine, which has allowed us to transition from the OPA ’90  Tank Barge Market into the Offshore “Arctic and Deepwater” Market Sectors. Also equally important, this start of production will jump-start the recall of our previously laid off workers,” said Gene Caldwell, Vice President and General Manager of Bay Shipbuilding Company. “With the win of this project our focus remains to win 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 Sales & Marketing.

Source: Fincantieri , September 27, 2011;