News / Nuclear-powered box ships the aim for US/SKorea partnership

HHI Contract signing

13/03/2025

US nuclear reactor developer TerraPower and South Korean shipbuilder HD Hyundai Heavy Industries (HHI) are to collaborate to construct small modular reactor-powered containerships.

The aim is to gain a competitive edge over Chinese shipbuilders and become an early mover on carbon-free ships.

The firms said on Tuesday they aimed to finalise development of marine SMR models by 2030 and then commercialise SMR-propelled boxships.

The collaboration comes three months after HHI signed an agreement to supply ...

Comment on this article

You must be logged in to post a comment.

Topics

Hyundai Heavy Industries (HHI) Korea Shipowners' Association (KSA) Nuclear ships Renewable energies TerraPower

Most read news

TPM: Forwarders need 'clout' to survive as the ocean carriers move in

Gemini schedule reliability falls below 90% target for the first time

Red Sea crisis forces Maersk to increase capacity over strategy limit

Resumption of Suez transits in doubt after return of Red Sea hostilities

Maersk in firing line over 'abandoned container' in Africa

Forever 21 blames bankruptcy on de minimis exemption

Gemini carriers cut back loading allocations on challenging southern India trade

Maersk assures shareholders arms shipments 'comply with regulations'

US port call fees would force ACL to exit transatlantic trade, says CEO

DHL sees opportunities as end of US de minimis exemption looms

SF Airlines expands, while sister Kerry Logistics is set to lose its name

FMC empowered to investigate international 'shipping chokepoints'

Ocean Alliance splits ANP service into two to ease Vancouver delays

CMA CGM Air Cargo eyes expansion with bid for Air Belgium

Small businesses fearful as DOGE has USPS revamp in its sights

'More pronounced' demand slump drives container spot freight rate declines