US nuclear reactor developer TerraPower and South Korean shipbuilder HD Hyundai Heavy Industries (HHI) are to collaborate to construct small modular reactor-powered containerships.
The aim is to gain a competitive edge over Chinese shipbuilders and become an early mover on carbon-free ships.
The firms said on Tuesday they aimed to finalise development of marine SMR models by 2030 and then commercialise SMR-propelled boxships.
The collaboration comes three months after HHI signed an agreement …
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