Trump Administration

Offshore Energy Sector Faces Policy Shifts And Investment Reassessment

Over the past week, offshore energy markets have been irrevocably altered by major U.S. policy decisions and changing investment signals. The Trump administration recently made headlines by suspending parts of U.S. offshore wind development for security concerns; analysts expect continued capital flow away from low-carbon projects back into offshore oil and gas projects and back to offshore oil and gas projects, signalling growing policy risk across offshore value chains.

US Navy

US Coast Guard Strengthens Venezuela Oil Blockade with Third Tanker Pursuit

Trump administration intensified enforcement against Venezuelan oil exports in late December 2025, when US Coast Guard officers seized two tankers and pursued another vessel associated with shadow fleet vessels linked to Venezuela. Operations also targeted sanctioned oil shipments connected to its government.

Wind Farm Construction

Trump Administration Challenges Offshore Wind Permits Amid State Pushback and Construction Resumptions

In late November and early December 2025, the Trump administration announced plans to delay approvals of New England Wind projects off the coast of Massachusetts, creating a further cloud of uncertainty around the US offshore wind sector. New York retaliated by fast-tracking $300 million in port funding and Revolution Wind off Connecticut is back to work after a federal halt. However, in the U.S. this sector is now very much moving forward, though it faces potential delays for its most critical projects.

Offshore Energy

US Offshore Leasing Plunge and North Sea Gas Finds Revamp Offshore Energy Outlook

Offshore energy developments ventured apace over the last week as the US Interior Department announced its most sweeping leasing plan to date. Two lease sales were performed in Alaska’s Cook inlet. Meanwhile, given their proximity to Europe, Equinor announced two gas and condensate discoveries it the North Sea which bolsters the regional security of supply.

Red Sea

EU Shipping Emissions Hit Record High as Implementation of an IMO Net Zero Framework Is Delayed

Europe's shipping emissions in 2024 climbed 13% year-on-year to a new record high since mandatory reporting began in 2018, driven primarily by container ships taking longer routes via the Red Sea and moving cargo more frequently through disruption zones. At the IMOs 2024 Spring meeting in London, the US government successfully convinced those present to delay a vote on their landmark Net-Zero Framework Framework until October 2026, raising the risk of a derailment in the maritime decarbonization efforts.

NYK Line

Decarbonization of Maritime Sector Accelerates Amid Regulatory Uncertainty and Industry Innovation

In November 2025, critical moments in shipping decarbonization included the IMO's delay of its Net-Zero Framework vote, fresh partnerships between major operators, and growing fears of regulatory fragmentation. Other players are still developing alternative fuel technologies while manoeuvring through the crowded maze of compliance.