Overview
- The Department of Transportation canceled 12 grants worth $679 million in August for ports preparing for offshore wind, including $34 million for a planned Salem, Massachusetts facility.
- Maersk scrapped a $475 million order for a turbine-installation vessel for New York’s Empire Wind project, and builder Seatrium said it is weighing options that could include legal action.
- Rhode Island’s Blount Boats halted construction of crew transfer vessels due to the lack of contracts, while Seacor Marine moved to sell two U.S.-flagged liftboats for $76 million citing delays and cancellations.
- Humboldt Bay in Northern California lost $426.7 million in federal support and now expects a roughly five-year delay to at least 2035, and Norfolk, Virginia revised a port plan away from wind-focused logistics.
- Developers warn of legal and financial jeopardy as stop-work orders and permit reviews disrupt timelines, with US Wind telling a court its Maryland project faces procurement setbacks and potential bankruptcy if canceled.