![]() |
Samsung Heavy Industries (SHI) has received Approval in Principle (AiP) from the American Bureau of Shipping (ABS) for its Floating Nuclear Power Plant (FNPP) concept, marking a further step in the development of offshore nuclear power solutions.
The design, known as the FSMR, incorporates two small modular reactors (SMRs) developed by the Korea Atomic Energy Research Institute (KAERI). In its initial configuration, the platform is designed to accommodate two SMART100 reactors.
According to SHI, the concept adopts a compartmentalised layout that separates the reactor systems from power generation functions. This approach is intended to provide flexibility, allowing different SMR technologies to be deployed in future iterations without major redesign.
The FSMR design integrates the reactor and associated safety systems within a single containment structure. SHI said this configuration is intended to enhance safety performance, simplify testing procedures and reduce overall construction timelines compared with more conventional arrangements.
As part of the approval process, ABS carried out a hazard identification (HAZID) workshop focused on the non-reactor elements of the design to assess potential operational and safety risks associated with the floating platform.
Patrick Ryan, ABS Senior Vice President and Chief Technology Officer, said: "We see significant potential for floating nuclear power, and the technology is developing rapidly, as this innovative design highlights. Our focus is the safe adoption of nuclear at sea, and we are proud to use our industry-leading insight to support these important steps towards that goal."
Youngkyu Ahn, Executive Vice President and Chief Technology Officer at Samsung Heavy Industries, commented: "This AiP is an important milestone for pioneering the offshore nuclear power generation market. Going forward, Samsung Heavy Industries will continue to develop safe and economical offshore nuclear power plants based on its offshore plant technology."
Jinyoung Cho, Senior Vice President and Head of KAERI's Advanced Nuclear Reactor Laboratory, stated: "This award of an AiP using SMART100 proves the innovativeness of our nuclear power technology. We will accelerate technology development so that our country can establish itself as a leading country in the marine nuclear power industry."
KAERI also noted that the SMART100 reactor prioritises safety through the use of passive systems that maintain cooling and ensure safe shutdown without reliance on external power, a feature designed to enhance resilience during emergency scenarios.
The AiP confirms that the overall FNPP concept meets applicable classification requirements at a conceptual level, although further design development and regulatory approvals would be required before construction or deployment.
|
World Fuel seeks marine lube operations and sales executive in Greece
US firm is recruiting for a commercial role focused on marine lubricants, based out of its Glyfada office. |
|
|
|
||
|
European shipowners call for fuel supplier mandates and ETS revenue investment ahead of policy revision
Industry body urges EU policymakers to redirect carbon revenues into clean marine fuel production. |
|
|
|
||
|
Gasum secures LNG terminal capacity at Klaipėda through 2040
Nordic energy company locks in long-term LNG supply access to serve northwestern European markets. |
|
|
|
||
|
Chimbusco Pan Nation extends B100 biodiesel bunkering to oil tankers as quarterly volumes triple
Hong Kong bunker supplier CPN says Q2 B100 deliveries have exceeded Q1 totals by more than 300%. |
|
|
|
||
|
TMD Energy extends bioenergy MOA with Double Corporate by two years
Malaysian bunkering firm seeks to advance waste-to-energy marine fuel collaboration in EU and Asian markets. |
|
|
|
||
|
Exmar takes delivery of world’s first dual-fuel ammonia oceangoing vessel
Belgian shipowner Exmar has taken delivery of what it says is the first oceangoing vessel powered by a dual-fuel ammonia engine. |
|
|
|
||
|
MOL and JAL partner with Lloyd’s Register and REGENT to advance Seaglider certification in Japan
Four organisations join forces to establish regulatory pathways for electric wing-in-ground craft ahead of a targeted 2030 commercial launch. |
|
|
|
||
|
ABS and HD Hyundai entities secure battery hybrid approval for 16,000-teu container vessel
Approval in principle issued for electrical design of ultra-large container ship at Posidonia. |
|
|
|
||
|
Keel laid for world’s largest LNG carrier at China’s Hudong-Zhonghua shipyard
Construction begins on a 271,000-cbm QC-Max vessel, the largest LNG carrier ever built. |
|
|
|
||
|
Port of Las Palmas completes first LNG bunkering operation
Baleària Canarias’ new fast ferry receives LNG via tanker truck in milestone delivery. |
|
|
|
||
| HHI-EMD secures type approval for 5.4MW ammonia engine [News & Insights] |
| ClassNK grants approval for multi-fuel ready bulk carrier design by Oshima Shipbuilding [News & Insights] |
| RINA grants approval for Chinese nuclear-powered Arctic icebreaker design [News & Insights] |
| Nuclear-powered boxships could deliver $68m annual savings: Lloyd's Register [News & Insights] |
| Shipping industry pivots to fuel efficiency amid regulatory uncertainty on decarbonisation [News & Insights] |
| Lloyd’s Register expands Korean shipyard partnerships at Posidonia 2026 [News & Insights] |
| ABB publishes 2025 maritime insights on decarbonisation and digitalization [News & Insights] |
| Lloyd’s Register backs nuclear car carrier concept with Korean partners at Posidonia 2026 [News & Insights] |