Story perspectives
Trump's Offshore Wind Policies Hit Fugro's Revenue Hard
10/7/2025
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Story summary
- The Trump administration's actions targeting the offshore wind industry are reducing subcontractors' revenue and delaying investment plans.
- Fugro NV has withdrawn its guidance after three profit warnings in a year, citing offshore wind difficulties.
- For 2026, Fugro plans a more cautious capital expenditure approach.
- Future investments will focus on unmanned service vessels and autonomous ships for environmental monitoring.
