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The US Maritime Administration (MARAD) has teamed up with CORE POWER in an agreement to accelerate a US-flagged fleet of nuclear-powered merchant ships. The memorandum of cooperation brings MARAD and the UK-founded nuclear technology company together to work through obstacles that have kept nuclear propulsion confined to naval vessels. CORE POWER is targeting first construction …
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The United States is moving to make nuclear propulsion part of its commercial maritime revival. The U.S. Department of Transportation’s Maritime Administration (MARAD) and CORE POWER (US) Inc. (CORE POWER) today announced a first-of-a-kind federal-private cooperation framework to accelerate the commercial, industrial and regulatory pathway for a future fleet of U.S.-flagged nuclear-powered merchant ships. CORE ...
The U.S. Maritime Administration has signed an agreement with nuclear technology developer CORE POWER to explore a pathway toward U.S.-flagged nuclear-powered commercial ships, expanding the Trump administration’s push to bring...
