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Eleven global names launch new association to promote nuclear power for ships

NEMO’s inaugural members include HD KSOE, Lloyd’s Register, Onomichi Dockyard, Core Power, VARD Group and Bureau Veritas.

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A global group of leading companies with a common interest in developing nuclear energy solutions for the maritime sector recently announced the formation of the Nuclear Energy Maritime Organization (NEMO).

By bringing together stakeholders with relevant expertise, NEMO aims to assist nuclear and maritime regulators in the development of appropriate standards and rules for the deployment, operation and decommissioning of floating nuclear power.

“NEMO will provide expert guidance and promote the highest safety, security, and environmental standards in the development of this nascent industrial sector, fostering collaboration, knowledge sharing, and advocacy among its members and stakeholders,” according to the companies in NEMO’s website. 

Advanced nuclear technologies deployed at sea can reduce environmental impact, enhance social responsibility, and increase economic competitiveness. NEMO aims to provide a platform for its members to network and facilitate a functional connection between regulators to foster development and exchange best practices.

NEMO will be headquartered in London and will officially start its proceedings in 2Q 2024.

NEMOs inaugural members are:

  • HD KSOE, a Korean shipbuilding company with R&D and engineering capabilities in the marine industry including ship design and construction, and a subsidiary of HD Hyundai.
  • Lloyd’s Register, a UK-headquartered maritime classification society specializing in ship design, energy transition advisory, compliance, and consultancy services.
  • BWXT Advanced Technologies LLC, an American manufacturing and engineering company providing nuclear solutions for global security, clean energy, environmental restoration, nuclear medicine, and space exploration.
  • TerraPower, LLC., an American nuclear innovation company striving to improve the world through nuclear energy and science.
  • Onomichi Dockyard, a Japanese ship builder and ship repairer, founded in 1943 and still at the pinnacle of construction of marine assets to this day.
  • Westinghouse Electric Company LLC, an American nuclear reactor designer and vendor providing innovative new and conventional nuclear solutions and other clean power technologies and services globally.
  • Core Power (UK) Ltd., an Anglo-American maritime nuclear innovation company building a market for new nuclear in maritime and delivering marine- appropriate reactor plants for heavy industry and transport.
  • VARD Group AS, a pre-eminent global shipbuilder, ship designer and ship technology provider, delivering high-quality specialised vessels for the global market, part of Fincantieri S.p.A.
  • Bureau Veritas, a world leader in testing, inspection, and certification services – and represented in NEMO by its Marine and Offshore Division, comprising classification and maritime consultancy services.
  • RINA, an inspection, certification, ship classification and engineering consultancy multinational active in the Energy, Marine, Certification, Infrastructure & Mobility, Real Estate and Industry sectors.
  • JEIL Partners Ltd., a Korean developer, consultant, and project manager with a history serving the nuclear supply chain in South Korea and overseas.

NEMOs inaugural chairman, Dr. Mamdouh el-Shanawany, former head of the IAEA Safety Assessment Section and Global Nuclear Director at Lloyd’s Register, said: “We are very excited to launch NEMO, which we believe will be a valuable and influential voice for floating nuclear power.”

“We invite all stakeholders who share our vision and values to join us and become part of this dynamic and forward-looking alliance.”

Membership of NEMO is open to companies with a bona-fide link to the floating nuclear power segment and who meet the organization’s membership criteria, which include a commitment to sustainability, innovation, and excellence.

The organization plans to hold regular events, workshops, webinars, and publications for its members and the wider public. 

The organization also intends to collaborate with other industry associations, government bodies, academic institutions, and civil society organizations to advance the cause of floating nuclear power.

 

Photo credit: Kinsey W on Unsplash
Published: 9 April 2024

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

KRISO says AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

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ABS awards AiP to Korean institute for SMR-powered container ship concept design

Korea Research Institute of Ships & Ocean Engineering (KRISO) on Thursday (16 July) received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its concept design of a 15,000 TEU Small Modular Reactor (SMR)-powered container ship utilising Molten Salt Reactor (MSR) technology.

KRISO said the AiP recognises the technical feasibility and safety of its concept design, marking an important milestone toward the development of next-generation nuclear-powered commercial ships.

“This achievement demonstrates international recognition of KRISO’s technological capabilities in the rapidly evolving field of nuclear-powered shipping, supporting the transition toward low-carbon maritime transport,” it said. 

Building on this milestone, KRISO will continue advancing basic and detailed ship design, paving the way for future demonstration and commercialisation of SMR-powered vessels. 

Through continued R&D and international collaboration, KRISO remains committed to strengthening next-generation maritime technologies and contributing to the safe deployment of nuclear propulsion in the maritime industry.

 

Photo credit: Korea Research Institute of Ships & Ocean Engineering
Published: 21 July, 2026

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LR: Rotterdam study sets out pathway for nuclear-powered commercial ship port calls

New joint study has found that existing port safety and risk-management frameworks could provide a credible starting point for assessing nuclear-powered ship calls within a major European port environment.

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A new joint study using the Port of Rotterdam as a case study has found that existing port safety and risk-management frameworks could provide a credible starting point for assessing nuclear-powered commercial ship calls within a major European port environment, according to Lloyd’s Register (LR) on Thursday (11 June). 

The desktop study, Enabling Nuclear-Powered Feeder Ships: A Joint Development Project on Port Call Feasibility and Regulatory Pathways, carried out through a joint development project involving LR, the Port of Rotterdam Authority, CORE POWER and A.P. Moller – Maersk, sets out the questions that ports, regulators and industry would need to answer in order to assess nuclear-powered vessels in a structured and responsible way. 

It also identified further work that would be required before routine operation could be contemplated, including regulatory alignment, emergency preparedness, security, liability and public engagement.

Its publication comes at a time of growing pressure on the shipping industry to identify even more scalable zero-emission technologies capable of meeting increasingly demanding decarbonisation requirements while preserving operational reliability, endurance and flexibility.

The report argued that maritime nuclear propulsion should be evaluated as part of the wider discussion around shipping decarbonisation, energy resilience and long-term industrial competitiveness.

While much of the current EU policy discussion has focused on alternative fuels such as hydrogen, ammonia and e-fuels, the report notes that segments of global shipping may ultimately require additional propulsion solutions capable of supporting endurance, reliability and operational flexibility at scale.

The Port of Rotterdam participated as a case study because it provides a real-world European port environment through which to examine how emerging energy and shipping technologies could interact with existing port safety frameworks, operations and regulatory processes.

Importantly, the study concluded that existing risk-based port safety frameworks already familiar to European ports could provide a credible starting point for assessing nuclear-powered vessels, provided nuclear-specific safety, security and operational considerations are systematically integrated and supported by appropriate national and international guidance.

The findings suggested that the real challenge for future maritime nuclear propulsion is likely to centre on regulatory alignment, governance, integration between nuclear and maritime safety regimes, and public and institutional preparedness.

The study identifies several key findings:

  • Existing port safety and risk-management frameworks provide a credible starting point for the assessment of nuclear-powered commercial vessels within the defined case study scenario.
  • Further work is needed on regulatory alignment, governance coordination, nuclear-specific safety and security, emergency preparedness, liability and insurance, operational integration and public engagement before routine commercial operation could be contemplated.
  • Current IMO provisions relating to nuclear-powered ships were developed for an earlier era and require modernisation to support any future civil commercial nuclear propulsion pathway.
  • Current European maritime decarbonisation discussions remain heavily focused on alternative fuels, with comparatively limited consideration of high-density, zero-emission propulsion systems capable of supporting long-range and high-utilisation shipping operations.
  • Major ports and maritime Member States may play an important role in shaping how nuclear propulsion is assessed and potentially integrated into future shipping strategies.

 

Photo credit: Shaah Shahidh on Unsplash
Published: 16 June, 2026

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South Korean-led nuclear car carrier design secures LR backing

LR is working with HHI, KSOE, Hyundai Glovis, G- Marine Service and KAERI on a joint development project exploring an advanced small modular reactor (SMR) installation on a PCTC.

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South Korean-led nuclear car carrier design secures LR backing

Classification society Lloyd’s Register (LR) on Tuesday (2 June) said it has teamed up with South Korean shipbuilding, marine services and nuclear research organisations to advance the development of a nuclear‑assisted car carrier concept. 

LR is working with Hyundai Heavy Industries, Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Glovis, G- Marine Service and the Korea Atomic Energy Research Institute (KAERI) on a joint development project (JDP) exploring an advanced small modular reactor (SMR) installation on a pure car and truck carrier (PCTC). 

The study focused on how a Molten Salt Reactor (MSR) could be physically and operationally integrated into a large vehicle carrier. Work examined the internal arrangement and segregation of the reactor system, shielding requirements, and the impact on cargo deck layout and vehicle capacity, alongside stability and trim implications linked to the reactor’s weight and positioning. 

The partners also assessed propulsion system configuration and power delivery, as well as operational flexibility compared with conventionally fuelled PCTCs, where trade routes and port calls can be tightly constrained. 

A key focus of the project has been safety. LR led hazard identification (HAZID) and preliminary risk assessment work, focusing on containment, onboard safety systems and potential operability constraints tied to nuclear technology at sea. 

The partners will mark the project milestone with an Approval in Principle (AiP) granting ceremony on 2 June at the LR stand during Posidonia 2026. 

Sung-Gu Park, President – North East Asia, Lloyd’s Register, said: “While nuclear propulsion is still at an early stage of development, this project shows the importance of building technical understanding now to support future progress. 

“Establishing feasibility at concept stage is a valuable step forward, particularly in areas such as cargo optimisation, vessel stability and integrated safety design.” 

Hong-Ryeul Ryu, CTO and Senior Executive Vice President at HD HHI, said: “With global environmental regulations becoming increasingly stringent and no definitive net-zero fuel yet available, SMR-powered ships can serve as a highly effective alternative, representing a pioneering next-generation maritime technology capable of complying with GHG emission regulations while allowing lifetime operation without refuelling, and HD HHI will remain at the forefront of sustainable maritime technology development.”

 

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

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