Environment

The Maritime industry’s responsibility to protect and nurture the marine environment in which it operates is paramount. Maritime Journal’s news covers the fast-growing technologies around this from offshore renewables like wind, tidal and wave power, to electric propulsion and decarbonisation of offshore operations

offshore wind

US offshore wind left adrift as Trump buys back leases

2026-06-24T10:17:00+01:00

In yet another blow to the beleaguered US offshore wind industry, the Trump administration said last week it would pay developer Invenergy $765 million to walk away from four US wind leases, according to the LA Times newspaper. It is just the latest in a raft of such deals.