Offshore wind vessels’ priority in a US government newbuilding financing programme is uncertain under President Donald Trump, who has long expressed antipathy towards renewables.
The US Maritime Administration had nearly $501m in applications for loans under the Federal Ship Financing Program, better known as Title XI, as of 7 January.
The biggest offshore wind-related application under review is a $215m request from Great Lakes Dredge & Dock, which applied for the loan to pay for part of the cost of building the 15,000-gt Acadia at what is now Hanwha Philly Shipyard.
