newcleo, a London-based nuclear technology company developing Generation IV reactors using nuclear waste as fuel, has signed a cooperation agreement with Italian shipbuilding major Fincantieri and RINA classification society. The trio has agreed to carry out a feasibility study for nuclear applicati
A new study carried out by Herbert Engineering Corp. (HEC) on behalf of ABS classification society finds that the adoption of advanced nuclear reactors onboard a 14,000 TEU containership would basically eliminate the need for refueling of the vessel during its entire 25-year lifespan. The study look
The UK-based Core Power has reached its $100 million funding milestone to develop new nuclear technology for the maritime industry. The funding has been provided by the shipping industry, shipyards, shipowners, charterers, etc, according to the company’s CEO, Mikael Boe, with a large share coming fr
South Korean shipbuilding major Samsung Heavy Industries (SHI) has teamed up with a Denmark-based startup focused on nuclear reactor technology Seaborg Technologies and Korea Hydro & Nuclear Power (KHNP), an owner and operator of nuclear power plants, in a consortium that aims to develop floating nu
Korean shipbuilding giant, Korea Shipbuilding & Offshore Engineering (KSOE), has unveiled the design of a small modular reactor (SMR)-powered ship, Business Korea reports. This marks the first time a Korean company has revealed such a detailed design concept for an SMR-powered vessel as nuclear powe
Korean industry majors, led by shipping heavyweights HMM and Sinokor, have joined forces on the development of nuclear-powered ships. The Memorandum of Understanding (MoU) was signed earlier today by representatives of Gyeongju city, the Gyeongbuk Province, Korea Atomic Energy Research Institute, th
South Korean shipbuilder Samsung Heavy Industries (SHI) has completed the conceptual design for a CMSR Power barge, a floating facility for offshore nuclear power plants, and secured approval in principle from the U.S.-bassed ABS classification society. A compact molten salt reactor (CMSR) power bar
Classification society Bureau Veritas and nuclear power technology developer ThorCon have entered an agreement for the technology qualification and the subsequent development of a 500 MW molten salt nuclear power barge for operations in Indonesia.
American small modular reactor provider NuScale Power (NuScale) and Canadian firm Prodigy Clean Energy (Prodigy) have revealed a new conceptual design for a transportable and marine-based small modular reactor (SMR) power-generating facility.
The quest for zero-emission fuels is dominating the decarbonization narrative in the maritime industry today. Ammonia and hydrogen are at the top of the candidate list for the future fuel mix. However, there are numerous challenges in establishing a scalable production of green hydrogen and green am
Core Power has presented a clean fuel solution for the planned Atlantic green shipping corridor.
South Korean shipbuilder Samsung Heavy Industries (SHI) and Seaborg Technologies, a Denmark-based startup focused on nuclear reactor technology, have entered into a partnership to develop floating nuclear power plants.
A fusion-powered container vessel offers potential for lower transport cost, faster service, and zero emissions to air, DNV said in its Technology Progress Report on key energy systems technologies aimed at meeting global decarbonization targets. One of those technologies includes nuclear power, whi
South Korean shipbuilder Samsung Heavy Industries (SHI) has partnered up with Korea Atomic Energy Research Institute (KAERI) with an aim to develop nuclear-powered vessels.
