Partnership to develop nuclear power for shipping

Monday, 14 April 2025

Partnership to develop nuclear power for shipping
(Left to right) Mark Ho, Chief Nuclear Officer, Deployable Energy; Stuart Ballantyne, Chairman, Seatransport Corporation; Claudene Sharp Patel, Global Technical Director, LR; and Remko Hottentot, Commercial Manager, LR – Australasia (Image: LR)

The project – led by Lloyd’s Register – envisages using micro modular reactor (MMR) technology, with two to five MMRs of 1 MWe capacity each powering a 73-metre amphibious vessel, designed for emergency response and disaster relief duties in remote areas. This will enable the vessel to operate for 8-10 years without refuelling, and it can feed power into the shore grid of affected areas and whenever docked at port.

The concept was presented at Lloyd’s Register’s recent Australia Advisory Committee Meeting with Remko Hottentot, Lloyd’s Register Commercial Manager – Australasia, signing the agreement with the Australian parties.

“As nuclear technology progresses towards maritime applications, LR is uniquely positioned to help develop these initiatives,” said Claudene Sharp-Patel, Lloyd’s Register’s Global Technical Director. “We bring our extensive history in maritime and nuclear safety, providing a strong foundation for safe, insurable, and scalable nuclear-powered shipping. Our extensive experience with small modular reactors in the defence sector further demonstrates our commitment to safety and innovation.”

​Deployable Energy is developing the 1 MW Unity Nuclear Battery that fits in a 20-foot shipping container, which it claims beats diesel on price and performance. It is a transportable, factory-built, plug-and-play power system. The company’s target is to have 100,000 nuclear batteries deployed by 2040 with a delivered cost of 5c/kWh.”

In July last year, Lloyd’s Register released a report that concluded nuclear power could transform the maritime industry with emissions-free shipping, whilst extending the life cycle of vessels and removing the uncertainty of fuel and refuelling infrastructure development. However, it said regulation and safety considerations must be addressed for its widespread commercial adoption.

The following month, a joint development project agreement was signed between Lloyd’s Register, Core Power and AP Moller – Maersk to conduct a regulatory assessment study to determine the safety and regulatory considerations for a potential nuclear-propelled containership to undertake cargo operations at a port in Europe.

   

  • Related Posts

    Podcast: Financing new nuclear projects

    This episode features World Nuclear Association’s Lola Infante, Senior Programme Lead Economics and Finance, and David Stearns, nuclear finance advisor and consultant. They consider why nuclear projects have generally been state-financed in the…

    EDF and Framatome to explore Cobalt-60 production

    Co-60 is used to sterilise medical devices and is also used in cancer treatment. Most of the world’s supply of the isotope is produced by irradiation of naturally occurring cobalt-59…

    Have You Seen?

    Samsung Heavy Industries to scale up Amogy systems

    • November 13, 2025
    Samsung Heavy Industries to scale up Amogy systems

    Crude Oil, Distillates Inventories See Minor Build as Prices Sink

    • November 13, 2025
    Crude Oil, Distillates Inventories See Minor Build as Prices Sink

    Trump Signs Deal to Reopen U.S. Government

    • November 13, 2025
    Trump Signs Deal to Reopen U.S. Government

    TotalEnergies Reportedly Reviewing Options for Asian RE Assets

    • November 13, 2025
    TotalEnergies Reportedly Reviewing Options for Asian RE Assets

    Green hydrogen in US is challenging without perfect conditions, says Chevron

    • November 13, 2025
    Green hydrogen in US is challenging without perfect conditions, says Chevron

    Policy must be more effective on green hydrogen: Wood Mackenzie

    • November 13, 2025
    Policy must be more effective on green hydrogen: Wood Mackenzie

    Oil Prices Sink 4% as OPEC Moves to Balanced 2026 Outlook

    • November 13, 2025
    Oil Prices Sink 4% as OPEC Moves to Balanced 2026 Outlook

    China Looks to Expand Renewable Energy Use Beyond Electricity

    • November 13, 2025
    China Looks to Expand Renewable Energy Use Beyond Electricity

    EIA Raises US Oil Output Forecast, Says Oversupply Will Weigh on Prices

    • November 13, 2025
    EIA Raises US Oil Output Forecast, Says Oversupply Will Weigh on Prices

    BP in Active Talks With Stonepeak Over Castrol Sale, Sources Say

    • November 13, 2025
    BP in Active Talks With Stonepeak Over Castrol Sale, Sources Say