Samsung Heavy to move forward with nuclear power plants

Samsung Heavy Industries has developed a conceptual design for a floating nuclear power plant based on compact molten salt reactor (CMSR) technology. The CMSR power barge concept, approved by the American Bureau of Shipping (ABS), supplies electricity and thermal energy produced by utilising CMSR technology developed by Denmark’s Seaborg. The two companies teamed up last

UK approves new nuclear propulsion regulations

The UK Department for Transport (DfT), via the UK Maritime Coastguard Agency (UKMCA), has set a target date for passing the Merchant Shipping (Nuclear Ships) Regulations into law. The current legislative timetable will see the regulations enter force on November 22. The regulations will transpose Chapter VIII in the Annex to the International Convention for

ABS to initiate study on adoption of advanced nuclear propulsion for ships

The US Department of Energy (DOE) has awarded class society ABS a contract to research barriers to the adoption of advanced nuclear propulsion on commercial vessels. The $800,000 research project will address challenges to adopting new reactor technology in commercial maritime applications at a time where a host of companies around the world are looking

Amid global oil and gas crisis, support increases for nuclear-powered ships

Support is growing for Mikal Bøe-led Core Power, a high-profile developer of nuclear propulsion for merchant ships. First launched in 2018, Core Power today can boast 49 shipping companies as backers of the UK firm, a grouping made up of owners, operators and managers who, combined, control more than 4,000 ships. James Marshall-led Berge Bulk

Non-fossil fuels forecast to be 50% of China’s power capacity in 2022

Non-fossil fuel energy sources such as wind, nuclear, solar and hydropower may make up half of China’s total power generation capacity by the end of 2022, for the first time ever. China Electricity Council (CEC) has forecast that for the first time ever the country’s non-fossil energy sources make up half of China’s total power