US election: reaction from the maritime industry as Joe Biden cruises to the White House

Tuesday, November 10, 2020

Jeff Vogel was featured in an article published by Ship Technology discussing how Joe Biden's administration will impact the maritime sector. “President-elect Biden has laid out his plan to combat climate change through a $2trn clean energy and infrastructure plan [which] would likely have a significant impact on the US offshore maritime market,” comments Jeff. “If Biden’s plan is implemented, US-flag and non-US-flag operators should anticipate a reduction in offshore oil and gas exploration and development opportunities.” On the other hand, he points to Biden’s pledges to install “tens of thousands of wind turbines,” a plan that would help “offset or even exceed the opportunities that would be lost in the offshore oil and gas industry.”

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