U.S. 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 Trump administration said on Friday it was cancelling $679 million in federal funding for 12 offshore wind projects, including $427 million for a California project.The move is the latest in a full-throated effort by the administration to undermine an industry that was central to former President Joe Biden's climate and energy agendas.U.S.
The Port of Long Beach is accomplishing its environmental, operational and commercial goals and is setting its sights on even greater achievements in the years ahead, CEO Mario Cordero said Thursday during his eighth annual State of the Port address.While reflecting on the Port’s record-setting 2024, with 9.
All American Marine (AAM) has delivered a 78’ x 26.7’ semi-displacement aluminum catamaran to Cal Poly Humboldt. The vessel will serve as a scientific exploration platform and support faculty research along the Northern California and Oregon coasts.Designed by Nic de Waal of Teknicraft Design, the RV North Wind builds on the proven success of similar research vessels