Deals Counterparts

ABS and HD Hyundai partner for nuclear-powered electric propulsion system for container ships

Partnership Nuclear announced South Korea Mar 10, 2026

The American Bureau of Shipping (ABS) and South Korea's HD Hyundai have signed a joint development project for the conceptual design of a nuclear-powered electric propulsion system for a container ship. This partnership aims to advance the development of nuclear propulsion technology for maritime transport, potentially reducing emissions and increasing operational efficiency for container vessels. The collaboration focuses on the initial design phase, laying the groundwork for future implementation of nuclear power in the shipping industry.

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Timeline

Announced
Mar 10, 2026
Signed
Closed

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