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CORE POWER concludes first conference, finds strong demand for New Nuclear in maritime

Speakers from Oxford University, International Atomic Energy Agency, UK Maritime and Coastguard Agency, ABS, Lloyd’s Register present findings at event.

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The first ‘New Nuclear in Maritime’ conference held in London on Thursday (6 October) concluded with strong demand for new nuclear technology to meet the needs of zero carbon fuels and future nuclear propulsion systems for large ships, according to UK based maritime and technology innovation company CORE POWER.

The conference, organised at the Science Museum in London by CORE POWER, saw 100 international executives gather to discuss and debate the path forward for molten salt reactors and micro heat pipe reactors in the marine industries.

Keynote speaker Dr. Martin Stopford told delegates that the time for making investments for the 2020s has passed, and that the time has come for making investments for the 2030s and 2040s.

For the marine industries to meet both stricter environmental targets and remain competitive will remain the biggest challenge as the high cost and low energy content of alternative fuels is realised. Without a prominent nuclear component, the industry is unlikely to meet either of its goals.

Professor Emeritus Dr. Wade Allison of Oxford University illustrated the difference between safe levels of radiation and the current regulatory maximum. A unit of measurement for an absorbed dose of 100 milli-grays (mGy) per month which was the agreed safety limit set in 1934 has a demonstrated record of no harm, in stark contrast to the current safety limit set in the 1950s of 0.1 mGy per month.

Professor Allison, who is one of the world’s leading experts on radiation safety, said that nuclear radiation is safe for life at low and moderate rates and never catches and spreads like infection or fire.

Dr. Mamdouh El Shanawany, previously head of the nuclear safety division of the International Atomic Energy Agency laid out the methodologies adopted by the Agency in promoting nuclear energy for peaceful use and gave an insight into the work being done to provide guidance on new generations of nuclear technologies for the marine and transport sectors.

Secretary General of the World Nuclear Transport Institute, Martin Porter illustrated the exceptionally high standards which have been set for moving nuclear materials around as cargo and illustrated how over 50 years of transporting more than 20 million cargoes of nuclear and irradiated material, no incident has ever caused harm.

Deputy Director Regulations & Standards at the UK Maritime and Coastguard Agency, Gwilym Stone shared how the UK Government are passing the Nuclear Code for Ships, adopted at the IMO in 1981 into law in November 2022 and how the significant work of modernising those rules for a new generation of nuclear vessels can now begin.

Meg Dowling from the American Bureau of Shipping in Houston set out how ABS are working with the US Dept of Energy to map the pathway to demonstration of new nuclear for maritime with the help of the Maritime Nuclear Applications Group working under the National Reactor Innovation Centre.

Mark Tipping from Lloyd’s Register explained the important work being done at LR to create new classification rules for nuclear offshore installations and nuclear-powered ships, in anticipation of the new rules for such assets being passed by the UK Government.

Members of the CORE POWER team in London laid out use cases for molten salt reactors and micro heat pipe reactors at sea to produce synthetic fuels, hydrogen, fresh desalinated water and as future means of propulsion power.

Conference chairman Tobi Menzies concluded the day by reflecting on the string demand now forming in the marine industries for durable, sustainable energy from a new generation of nuclear engines.

The next New Nuclear in Maritime Conference has been announced for Singapore on the 8-9th February 2023.

 

Photo credit: CORE POWER
Published: 12 October, 2022

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Alternative Fuels

Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

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Yang Ming orders six LNG dual-fuel, ammonia-ready containerships from Hanwha Ocean

Taiwanese shipping firm Yang Ming Marine Transport Corporation (Yang Ming) and South Korean shipbuilder Hanwha Ocean on Wednesday (2 September) signed a shipbuilding contract for six 13,000 TEU class LNG dual-fuel container vessels. 

The contract was signed by Dr. Chuck Tsai, Chairman of Yang Ming, and Mr. Charles Kim, CEO of Hanwha Ocean. The vessels are scheduled for delivery between 2028 and 2029. 

They will complement Yang Ming’s existing fleet of 10,000+ TEU vessels and serve as key vessels on East-West services, with deployment flexibility across trade lanes connecting Asia with the East and West Coasts of North America, South America, and the Mediterranean. 

Each of the six new vessels will have a capacity of up to 13,650 TEU and feature LNG dual-fuel propulsion and Ammonia Fuel Ready specifications.

“As Yang Ming transitions toward net-zero emissions, LNG provides a relatively mature and economically viable alternative fuel solution, capable of reducing greenhouse gas emissions by approximately 20%,” the company said. 

“At the same time, ammonia can serve as a carbon-free fuel by utilising converted LNG storage facilities, while offering relatively lower conversion costs and comparatively well-developed supply chains and infrastructure. The Ammonia Fuel Ready design will therefore provide Yang Ming with greater flexibility in responding to increasingly stringent international regulations on greenhouse gas emissions.”

In addition, the vessels will be equipped with Type B LNG fuel tanks with a design pressure of 1.0 bar to enhance the safety and efficiency of LNG operations, together with a range of energy-saving technologies, including Wind Shields, Rudder Bulbs, Pre-Swirl Stators, and Shore Power Systems. Smart ship technologies and cybersecurity protection features will also be incorporated to enhance operational efficiency, safety, and reliability while effectively reducing fuel consumption and greenhouse gas emissions.

Deliveries under Yang Ming’s next-generation fleet optimization plan commenced earlier this year. By 2030, a total of 24 new vessels are expected to enter service. 

This includes 18 LNG dual-fuel vessels—comprising five 15,500 TEU, seven 16,000 TEU, and the six 13,000 TEU vessels under this contract—alongside six 8,000 TEU methanol dual-fuel-ready ships. 

 

Photo credit: Yang Ming Marine Transport
Published: 4 September, 2026

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Both secured AiP for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

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LR, China’s MARIC unveil tanker concept ready for three future bunker fuels

Lloyd’s Register (LR) and the Marine Design and Research Institute of China (MARIC) on Thursday (3 September) have secured Approval in Principle (AiP) for a new 114,000 DWT product and crude oil tanker designed to accommodate future conversion to LNG, methanol or ammonia.

Announced at SMM 2026, the concept addresses one of the biggest investment challenges facing shipping today: the need to develop vessels and capabilities that can support a range of alternative fuel options and pathways as technologies, infrastructure and regulations evolve.

While LNG is already a mature fuel pathway, methanol and ammonia remain at an earlier stage of development, with questions around global fuel availability, infrastructure development, economics and long-term adoption.

The 114,000 DWT tanker concept has been designed as a product and crude oil carrier that can accommodate future conversion to LNG, methanol or ammonia as technologies, regulations and fuel supply chains mature. By incorporating conversion readiness at the design stage, the concept aims to reduce future retrofit complexity and provide owners with greater confidence when planning long-term fleet investments.

The design concept was reviewed against LR’s July 2026 class rules and regulations, including requirements relating to ships using gases and other low-flashpoint fuels, alongside relevant IACS Common Structural Rules for oil tankers. Final classification and statutory approval remain subject to full compliance with all applicable rules and regulations.

Theo Kourmpelis, Global Business Director for Tankers, Lloyd’s Register, said: “Shipowners are being asked to make major investment decisions today despite continued uncertainty around which fuels will dominate in the decades ahead. Alternative fuel solutions each offer potential pathways to compliance, but fuel infrastructure, regulation and economics continue to evolve at different speeds around the world.

“Designs that preserve flexibility will be critical in helping owners manage risk while preparing for multiple future scenarios.”

Si Nan, Marine & Offshore Marketing Department Vice Director, MARIC, said: “As the industry explores different decarbonisation pathways, shipowners need vessel designs that can adapt alongside technological and regulatory developments. This concept was developed specifically to provide greater fuel flexibility and long-term resilience, allowing owners to respond to changing market requirements without being locked into a single fuel strategy.

“Receiving Approval in Principle from Lloyd’s Register is an important milestone that validates the design concept and supports its future development.”

 

Photo credit: Lloyd’s Register
Published: 4 September, 2026

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Alternative Fuels

DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

LNG-fuelled vessels accounted for the vast majority of August activity while the strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year.

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DNV: Alternative-fuelled vessel orders hit highest monthly level since October 2024

Latest data from classification society DNV’s Alternative Fuels Insight (AFI) platform alternative-fuelled vessel ordering was strong in August, with 52 new vessels added to the platform.

This is the highest monthly total since October 2024 and follows another active month in July, when 47 vessels were added to the database.

LNG-fuelled vessels accounted for the vast majority of August activity, with 46 orders recorded. The container segment led the way with 30 orders, while the car carrier segment contributed a further 12 LNG-fuelled vessels. In addition, four ethanol-fuelled bulk carriers and two hydrogen-powered bulk carriers were added during the month, as well as one LNG bunker vessel.

The strong summer performance marked a significant acceleration in ordering activity after a relatively slow start to the year. In total, 242 alternative-fuelled vessel orders have been placed in the first eight months of 2026, representing a 27% increase compared with the same period in 2025.

LNG remains the dominant fuel choice, accounting for 63% of all alternative-fuelled vessel orders registered so far this year. Container vessels represent the largest share of these LNG orders (59%), followed by car carriers (30%).

Jason Stefanatos, Global Decarbonization Director at DNV Maritime, said: “The past two months have been particularly strong for alternative-fuelled vessel ordering, with August recording the highest monthly total we’ve seen since October 2024. This has helped lift year-to-date orders to a level well above the same period last year.

“LNG remains the leading fuel choice, driven largely by activity in the container and car carrier segments. These sectors have been among the earliest adopters of alternative fuels, supported by predictable liner operations and increasing demand from cargo owners to reduce emissions across supply chains. 

“For many owners, LNG offers a combination of emissions reductions, fuel availability and future flexibility while the longer-term fuel landscape continues to evolve. 

“At the same time, the latest figures include orders for ethanol- and hydrogen-fuelled vessels, highlighting that owners continue to explore a range of decarbonization pathways. Different segments are making different fuel choices, but the overall level of activity demonstrates continued investment in lower-emission shipping.”

Screenshot 2026 09 04 at 12.29.26 PM Screenshot 2026 09 04 at 12.29.36 PM

 

Photo credit: DNV
Published: 4 September, 2026

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