For Immediate Release: August 29, 2025
Media Contact: [email protected]
BALTIMORE – Earlier today, Department of Transportation Secretary Sean P. Duffy withdrew or terminated a total of $679 million in funding for 12 port redevelopment projects across the U.S., citing “resources that could otherwise go towards revitalizing America’s maritime industry.” Offshore wind has already driven more than $5 billion towards the revitalization of U.S. ports, transforming them into hubs of economic activity that serve multiple industries from the East Coast to the Gulf region.
In response, Oceantic Network has released the following statement from CEO Liz Burdock:
“The Trump administration is weakening our country’s national security and destroying good-paying jobs by pulling critical funding designed to update our aging maritime infrastructure. Offshore wind port development upgrades facilities and capabilities that serve multiple industries; however, by selectively limiting infrastructure investments and removing mandated agreements in energy and shipyards, the administration is stalling essential development that delivers on shared priorities of national security and energy dominance, and signals to the investment community the U.S is not safe place for investment.
“The U.S. offshore wind industry has sparked $5.1 billion in port funding and created more than 6,000 jobs, making this critical infrastructure mission ready for a variety of roles. It’s also expanded tax revenue for seaside communities where port assets were idle or underused for decades. This political action from the administration is another targeted attack on American jobs and American taxpayers, which will raise electricity prices for millions across the U.S. and put thousands out of work.”
Additional Background:
- 2025 Offshore Wind Jobs Report
- The Port of Quonset (Rhode Island) is adding cargo and manufacturing space for defense contractors.
- Fairwinds Landing (Virginia) is a multi-use port combining defense, shipbuilding, and offshore wind operations & maintenance activity.
- Only 35% of land leased at the Port of Providence (Rhode Island) is related to offshore wind.
For more information or to arrange an interview with an Oceantic spokesperson, contact us at [email protected].
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At Oceantic Network, we envision a thriving offshore energy industry powering strong economies. Offshore wind energy is the gateway to a host of other ocean renewables, including green hydrogen, wave energy, offshore solar, and more. Our collaborative member network advances the offshore renewable energy market and builds a robust supply chain of local companies. For more than a decade, Oceantic has grown alongside industry, setting the pace for an expanded view of what offshore renewable energy can deliver towards our nation’s energy mix. For more information about Oceantic membership, products and services, visit our websiteor follow us on LinkedIn.
