Lloyd’s Register (LR) and CORE POWER have initiated a joint regulatory assessment study to explore the safety and regulatory requirements for a next-generation nuclear-powered feeder container ship to operate in a European port.
This study focused on the feasibility and necessary frameworks for utilizing a fourth-generation reactor known for its high inherent safety. Following initial planning efforts, it was formalized through a joint development project agreement with A.P. Moller-Maersk.
“The initiation of this joint study marks the beginning of an exciting journey towards unlocking the potential of nuclear power in the maritime industry, paving the way for emissions-free operations, more agile service networks and greater efficiency through the supply chain. A multi-fuel pathway to decarbonising the maritime industry is crucial to ensuring we as an industry meet the IMO’s emission reduction targets and nuclear propulsion shows signs of playing a key role in this energy transition,” stated Nick Brown, CEO of Lloyd’s Register.
The study aims to identify the necessary updates to safety regulations and enhance operational and regulatory understanding for applying nuclear power in container shipping. It will also offer insights for maritime industry stakeholders considering nuclear power as part of their fleet strategy to achieve net-zero greenhouse gas emissions.
Bringing together LR’s maritime advisory expertise, CORE POWER’s advanced nuclear energy technology, the knowledge of a leading Port Authority, and Maersk’s extensive shipping and logistics experience, the study represents a comprehensive approach to assessing the future of nuclear propulsion in the maritime sector.
“There’s no net-zero without nuclear. A critical key to unlocking the vast potential for nuclear energy to transform how the maritime sector is powered, is the standards framework for commercial insurability of floating nuclear power plants and nuclear-powered ships that would operate in near shore environments, ports, and waterways. We’re immensely pleased to be working with some of Europe’s most respected industry participants to set out the conditions for how this can be achieved,” said Mikal Bøe, CEO of CORE POWER.