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Vessel orders decimated by Trump's bid to wipe out offshore wind sector

The Straits Times

|

October 24, 2025

Shipbuilders, port operators unintended victims of U-turn on green investment plans

US shipbuilders and port operators are getting hit in the fallout from President Donald Trump's campaign to wipe out the offshore wind industry, suffering hundreds of millions of dollars in lost government support, vanishing vessel orders and an uncertain future for the billions of dollars worth of investments.

The impact represents an unintended consequence of his policy on the offshore wind industry, which has included stop-work orders and permit reviews for massive projects that were spurred by former president Joe Biden's green investment policy.

Mr Trump calls offshore wind an unsightly and inefficient technology that harms whales and birds.

But he is also a huge supporter of US maritime industries that he views as crucial in the global competition for trade and military dominance of the high seas.

"He has a counterproductive argument," said Mr Joe Orgeron, a Republican Louisiana state representative and former offshore vessel business owner, who pointed out that the offshore wind industry was responsible for many ship orders in recent years.

"That all came to a sudden halt, unfortunately."

Reuters interviewed 13 port representatives, shipbuilders and trade groups over the knock-on impacts of Mr Trump's policy moves targeting offshore wind.

Orders for new offshore wind service vessels - designed to carry workers and huge turbines offshore or to lay undersea cables - have disappeared, according to trade group Oceantic Network. This followed a busy 2024 that saw the launch of at least 10 US vessels built to serve offshore wind.

Existing vessels are being sold off, or considered for redeployment to other global regions.

FLERE HISTORIER FRA The Straits Times

The Straits Times

The Straits Times

Hot, boring, expensive: How some Chinese tourists view Singapore

Once a coveted destination for wide-eyed Chinese travellers, Singapore is now drawing some flak. What can it do to turn things around?

time to read

5 mins

October 26, 2025

The Straits Times

New pathway for kidney transplants: Donations after the heart stops

From 2020 to 2024, a total of 12 patients received kidney donations from donors who died of cardiac arrest, in a practice that has now been implemented nationwide, said the Ministry of Health (MOH).

time to read

3 mins

October 26, 2025

The Straits Times

How will we spend our time when Al and the robots take over?

Meaningful leisure may be the answer.

time to read

2 mins

October 26, 2025

The Straits Times

The Straits Times

Family pursue slower life in Thailand and Malaysia, away from Singapore's education 'arms race'

Elise Liang, 17, did not enjoy studying at her top-tier secondary school.

time to read

6 mins

October 26, 2025

The Straits Times

The Straits Times

Korean fine dining in Bandung? Only if you can snag a place

The restaurant is at least three hours from Jakarta by road, two by high-speed rail when you factor in transfer time.

time to read

3 mins

October 26, 2025

The Straits Times

The Straits Times

A peek into differently

For father-of-four Esmond Wee, 44, living with attention deficit hyperactivity disorder (ADHD) means buying five pairs of earplugs because he keeps misplacing them - to ease sensory overload.

time to read

9 mins

October 26, 2025

The Straits Times

Cocktails under $10 at Jakarta's best bars

It looks like an ice cream parlour from the street and, indeed, Hats Sorbet functions as one, complete with housemade cones and a handful of seats this is no throwaway shopfront.

time to read

2 mins

October 26, 2025

The Straits Times

MATCHA MANIA BOILS OVER

Over four centuries, Japan built a tradition of drinking matcha that was based on four principles: wa, kei, sei and jaku, or harmony, respect, purity and tranquillity.

time to read

3 mins

October 26, 2025

The Straits Times

The Straits Times

Lift your glasses to free-flow booze

More restaurants are offering all-you-can-drink deals in a bid to entice diners

time to read

8 mins

October 26, 2025

The Straits Times

Bannon claims there's a plan for Trump to run for third term

Pro-Trump podcaster Steve Bannon, who briefly served as US President Donald Trump’s White House chief strategist in his first term, has publicly thrown his support behind the President’s talk of seeking a third term, in defiance of a constitutionally mandated two-term limit.

time to read

2 mins

October 26, 2025

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