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Research centre: Thorium could be the most feasible alternative future fuel for ships

Development of necessary regulations and a willingness within society to embrace Thorium-powered ships will be crucial, says Robert McDonald of Institute for Energy Technology.

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The following is an article written by the Institute for Energy Technology, on Wednesday (17 August) elaborating on the potential for thorium, a source of nuclear power, as an alternative fuel for ships to propel shipping towards a zero emission future: 

Has the industry been blinkered in its search for alternative fuels capable of enabling a deep sea zero emissions revolution? Is there a proven, ‘silver bullet solution’ waiting to be explored, right now? Robert McDonald, Principal Engineer, Institute for Energy Technology (IFE), says it’s time to shine the spotlight on the unique potential of Thorium and Small Modular Reactors.

Have you heard about Thorium? This abundant, naturally occurring metal is a clean, efficient fuel with extraordinary energy density. In fact, one ton of it produces the same energy as 3.5million tons of coal.

Its byproducts are significantly safer than Uranium (Plutonium is not produced under fission) and, with shorter half-lives, degrade far faster. It does not need to be enriched and is not challenging to access. It is also a completely zero emission fuel.

So, why isn’t it being considered as an alternative fuel to power shipping towards a zero emission horizon?

“Well, now it is… and that’s hugely exciting,” retorts Robert McDonald, a process expert in nuclear power at Norway’s IFE.

He’s referring to the bold vessel concept released by Ulstein in April this year – the aptly named ULSTEIN THOR, the world’s first Thorium powered ship.

ulstein thor

This 149m 3R (Replenishment, Research and Rescue) design features a Thorium Molten Salt Reactor (MSR), which works by dissolving Thorium into liquid salt, causing a chain reaction that produces steam to drive a turbine, creating huge amounts of clean electricity. Battery operated vessels could then plug into this ‘floating power station’ and recharge anywhere in the world, effectively transferring maritime’s short-sea battery revolution to deep sea operations.

It is, McDonald says, “a fantastic idea” with what he deems to be “possibly one of, if not the, most feasible alternative future fuels for maritime”.

He adds: “This is a conversation we need to have. Industry, and society, need to talk about Thorium.”

Small is beautiful

McDonald has been working with nuclear power since 1985 and with IFE for the last eight years. The Norwegian organization is a frontrunner in international energy research, with over 650 expert employees. Operating as a not-for-profit, IFE is funded through a combination of government grants and commercial contracts, working to support industry, society and a broad range of stakeholders in the investigation and development of more energy efficient processes, renewable energy solutions, future-orientated energy systems, and much more.

Research centre: Thorium could be the most feasible alternative future fuels for ships

McDonald’s focus is on assisting researchers, developing scenarios, running simulations and generally utilizing his huge practical experience to help unlock new innovation and understanding. For the last few years, Small Modular Reactors – of the same sort Ulstein aims to deploy in its new shipping ‘superhero’, THOR – have been a key area of interest.

“A Small Modular Reactor is a nuclear reactor with a power output of 10-300 MWe,” he explains. “They are efficient, easy to install – typically built in factories with the last 10% assembled on site – easily scalable, safe (with very few moving parts and almost zero maintenance) and, unlike other renewables, only require a very small footprint.

“At the moment there are over 70 small and micro designs under development, with typical uses for applications such as district heating, desalination, general electricity generation and hydrogen production. Considering them for the maritime industry is a new idea… and one that’s very relevant. They could prove to be an essential piece of the zero emission puzzle for a huge number of applications. In a way, they’re perfectly suited.”

Unique benefits

This suitability relates to much more than the lack of GHG emissions. McDonald explains that, in the case of Thorium MSRs, they almost never need to be refueled – with the salt removed from the reactor only every 3 to 7 years (dependent on its specifications). This would mean no bunkering, no regular stops and operational windows that could be tailored to fit the task, rather than a vessel’s fuel tank capacity. For fishing trawlers, cruise ships, container carriers, or replenishment vessels such at THOR, a new world of opportunity would swing right open.

Waste is minimal and, in the case of MSRs, the old salt is simply reprocessed to remove the byproducts (primarily Uranium 235) which can then be used as a new reactor fuel.

“It’s incredibly efficient,” McDonald notes. “And although there’s no Thorium reactors up and running today it is a proven technology, with the earliest examples operating back in the 1950s and 1960s. However, that also means, unlike Uranium, there’s currently no supply chain. But as Thorium is around three times more abundant in the Earth’s crust than Uranium – and there’s a lot here in Norway – it’s simply a matter of starting-up the mining process.

“Every new energy source has to start somewhere. The barriers to utilizing Thorium are certainly not insurmountable.”

Tried and tested

The greatest hurdle, however, probably won’t be accessing the fuel, or bringing the necessary SMR technology to market. It will, of course, be acceptance.

McDonald acknowledges that the word ‘nuclear’ has different connotations for different audiences, and not everyone’s associations are as positive as his. As such, the development of necessary regulations and a willingness within society (on a global basis) to embrace Thorium-powered ships will be crucial. But here he makes a good point:

“Look, what people don’t realize is that nuclear powered ships already call at ports around the world every day… and what’s more, they have been doing so since 1955.”

Here he’s talking about naval vessels, something he knows a great deal about having started his career on a nuclear submarine in the 1980s. Today, there are around 100 maritime reactors in use, on a wide variety of vessels ranging from subs, to aircraft carriers and icebreakers. These are proven, he stresses, and safe.

“The military follow regulations whereby they are expected to keep the reactors safe and ensure no unauthorized people gain access to it,” McDonald explains. “I expect those regulations would be the same in a commercial scenario. But remember, there’s no Plutonium produced in Thorium reactors – meaning the byproducts don’t have the same potential for weaponization – and why would anyone want to gain access? If the reactor is running you wouldn’t survive exposure.”

Here he’s quick to add that any maritime reactor would be in a sealed, self-contained, lead lined compartment that is built for complete security and containment. If there’s a loss of power they automatically shut down and even in the worst case scenarios of crashes or the loss of a vessel – as the world saw with the nuclear submarine Kursk in 2000 – there is no reason to expect radiation leaks or spills.

“This is not a completely new solution, unlike some other alternative fuels, so we do have a good understanding of the risk picture,” McDonald notes.

Maritime momentum

IFE and Ulstein aren’t alone in their interest in Thorium and MSRs in the maritime context. Seaborg from Denmark is developing a floating power barge that could support grids, complement other renewables and be used for both sea- and land-based industry. IFE has also been approached by a trawler firm keen to investigate the potential of the reactors to charge its shrimp-fishing fleet, while offshore energy producers are apparently eager to look into ways MSRs could be utilized to satisfy the power needs of their remote operations.

“I’ll tell you what,” McDonald concludes. “Up until this year it seemed like MSRs and Thorium were areas of niche interest, whereas now momentum is really growing. Here at IFE we’ll aim to do everything we can to support industry and society in finding the best way forward to harness the huge potential of Thorium.

“The arrival of the THOR concept has really supercharged interest and, in my opinion, this is just the start.”

“Expect to hear a lot more about Thorium in the near future.”

 

Photo credit: Institute for Energy Technology
Published: 18 August, 2022

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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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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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