US DOE and ABS sign deal to study nuclear-powered ships and floating reactors

The US Department of Energy and the American Bureau of Shipping signed a memorandum of understanding on October 13 to explore advanced nuclear technology in commercial maritime applications, including nuclear-powered vessels and floating power plants. The agreement covers feasibility studies, technical research and coordination on ports, shipyards and industrial infrastructure.

• MOU signed October 13 by DOE and ABS
• Focus on floating nuclear power and nuclear transport corridors
• ABS to co-manage the Maritime Nuclear Applications Group
• No specific reactor designs, projects or timelines announced