MARAD and CORE POWER Partner to Advance Nuclear-Powered Commercial Shipping in the U.S.
Collaboration Aims to Develop Regulatory and Industrial Frameworks for SMR-Powered VesselsThe U.S. Maritime Administration (MARAD) and CORE POWER (US) Inc. have formalized a partnership to accelerate the deployment of nuclear-powered commercial shipping technologies under the U.S. flag. The agreement focuses on establishing commercial, industrial, and regulatory pathways for vessels utilizing small modular reactor (SMR) technology.Under the terms of the collaboration, both organizations will work to address key challenges in adopting advanced nuclear propulsion systems, including safety protocols, licensing requirements, and supply chain integration. The initiative aligns with broader efforts to enhance maritime decarbonization while maintaining operational efficiency and energy security.K...
