Americas News
NEMO Says Nuclear-Powered Shipping Moving Towards Deployment
Nuclear-powered shipping is moving closer to deployment as governments, regulators and industry work to address barriers to using nuclear energy at sea, according to the Nuclear Energy Maritime Organisation (NEMO).
NEMO welcomed the launch of the International Atomic Energy Agency’s ATLAS initiative in Washington, D.C, it said in an emailed statement on Wednesday.
The initiative launched last week brings together governments, regulators and industry to address regulatory, legal, safety, insurance and commercial issues around maritime nuclear.
“The future of commercial shipping is nuclear,” Virginia Crosbie, CEO of NEMO, said.
“For years, people have talked about whether nuclear could have a role in commercial shipping.
“That debate is changing very quickly.”
“We are moving from ‘if’ to ‘when’.”
The move comes as US interest in maritime nuclear grows, with the US Maritime Administration (MARAD) consulting industry on advanced nuclear technologies for maritime applications.
Last month, the UK-based maritime nuclear developer Core Power announced it is targeting construction of its first US-flagged nuclear-powered ship from 2028.
"The leadership being shown by the U.S. Government, Secretary Chris Wright and the IAEA is helping move maritime nuclear from ambition towards deployment," Crosbie said.
Key Bunker Prices More
| VLSFO | MGO | |||
|---|---|---|---|---|
| $/mt | +/- | $/mt | +/- | |
| Singapore | 963.00 | 26.00 | 1351.50 | 10.50 |
| Rotterdam | 766.00 | 3.00 | 1446.00 | 11.50 |
| Houston | 817.00 | 11.50 | 1421.00 | 1.00 |
| Fujairah | 981.00 | 12.00 | 1768.50 | 17.50 |
| Americas Average | 962.50 | 8.50 | 1630.50 | 22.50 |
| Global 20 Ports Average | 929.50 | 10.50 | 1565.00 | 13.00 |
| Global 4 Ports Average | 882.00 | 13.50 | 1496.50 | 9.50 |
| Global Average Bunker Price | 978.50 | 20.00 | 1616.50 | 18.50 |
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