“Nuclear is a commercial shipping disruptor” – ABS CEO
The latest batch of videos from our New Nuclear for Maritime summit, which took place in Houston, TX last month, is now online – with more insights from experts and commentators that show the industry is waking up to CORE POWER’s potential.
“When you look at nuclear, it is actually very much a commercial shipping disruptor,” Wiernicki said. “[Nuclear] knocks the socks off pretty much anything else out there.”
Other sessions echoed the same sentiments – a panel discussion chaired by CORE POWER’s director of analytics Tom Davies on using floating nuclear to decarbonise oil and gas operations saw the panellists agree that there was a huge opportunity for cooperation between industries.
Finally, the session on using floating nuclear for port electrification saw Lauren Lathem, advanced nuclear program manager at US utility Southern Company, state that “the demand growth [for electricity] that we’re seeing right now, we haven’t seen in decades”.
Relating to the first CONVOY online event on insurance, we are uploading a presentation that CORE POWER gave as a follow-up to a seminar on new nuclear technologies organised by nuclear risk specialist Northcourt earlier this year. The presentation focuses on building CORE POWER’s LIBERTY program, the first maritime civil nuclear program in the OECD. It covers suitable reactors for the maritime sector, emergency planning considerations and the development of a civil liability solution for port calls.
Also, last week CORE POWER took part in a groundbreaking workshop, organised by NEMO on behalf of the International Atomic Energy Agency that focussed on Safeguards-by-Design. Our nuclear engineering team delivered a presentation on different nuclear asset types and introduced the concept of the home yard and factory for floating nuclear power plants.
Following hard on the heels of our successful Houston summit, CORE POWER is excited to announce the New Nuclear for Maritime European Summit 2025!
Save the date now: the summit is on Thursday 10 July from 8am until 5.30pm.
The summit will once again take place in London, but this time at a new venue: the prestigious IET London, Savoy Place, WC2R 0BL.
In this historic central London venue on the River Thames, summit delegates will be able to engage in enriching conversations on the most up-to-date developments in maritime nuclear technology.
Panellists will examine topics including nuclear economics, portside and nearshore applications, regulatory frameworks and decarbonising global trade.
Don’t miss the chance to connect with industry professionals, share insights, and gain a profound understanding of the future of nuclear energy in maritime applications.
INL develops efficient way to make molten salt fuel
Scientists at Idaho National Laboratory (INL) in the US have successfully demonstrated an efficient method of producing fuel for initial testing of the world’s first fast-spectrum molten salt reactor (MSR).
The process will speed up production of fuel for the Molten Chloride Reactor Experiment (MCRE) – the test reactor that will pave the way for the Molten Chloride Fast Reactor (MCFR), which CORE POWER is planning to use in its fleet of floating nuclear power plants (FNPPs) and nuclear-propelled ships.
The team also included scientists at US utility Southern Company and MCFR developer TerraPower.
US DoE reissue $900m solicitation for SMR development
The US Department of Energy (DoE) has reissued a $900m solicitation designed to support the deployment of small modular reactors, the body announced this week.
“America’s nuclear energy renaissance starts now,” said US Secretary of Energy Chris Wright. “Abundant and affordable energy is key to our nation’s economic prosperity and security.”
The solicitation was originally issued last year under the administration of the then president Joe Biden, but has been reissued to chime with current President Donald Trump’s call to boost the country’s energy infrastructure. Companies that submitted proposals last year will have to resubmit them this year.
Brent Sadler, a former submarine captain in the US Navy, has been nominated to run the US Maritime Administration (MARAD).
MARAD is part of the US Department of Transport and is responsible for the US Marchant Marine Academy, Maritime Security Program, the Ready Reserve and other initiatives.
The appointment effectively makes Sadler commander of the US merchant marine.
