Bay Shipbuilding in Sturgeon Bay, Wis., has awarded the Siemens Division Industry Solutions a multimillion Euro contract to equip two platform supply vessels (PSV) with a diesel electric propulsion system. The ships are being constructed by Tidewater Marine LLC, a Tidewater Inc. subsidiary. They are slated for delivery in the fourth quarter of 2012 and the second quarter of 2013 respectively. Siemens will outfit two new PSV of Tidewater Inc. with a Bluedrive multi-drive low-voltagepropulsion system. It is designed to improve reliability due to failsafe features that will help the vessel owner lower maintenance costs, increase efficiency and operational ease for the vessel and crew.