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Netherlands-based nuclear energy development and consultancy company ULC-Energy has undertaken a study that investigated the potential to use civil nuclear technologies to power commercial maritime vessels. The study was commissioned by mining company and shipping charterer BHP, a major producer of commodities including iron ore, copper, nickel, and metallurgical coal. BHP has approximately 80,000 employees and contractors, primarily in Australia and the Americas. 

Date: Wednesday, 28 February 2024
Original article: neimagazine.com/news/newsbhp-to-consider-nuclear-powered-cargo-ships-11551624

HD Korea Shipbuilding & Offshore Engineering (KSOE), a subsidiary of South Korea's HD Hyundai, is to collaborate in a nuclear shipping project with UK start-up Core Power and US Southern Company and TerraPower. This followed a joint research and technology exchange meeting at Terrapower’s headquarters in Washington DC.

Date: Saturday, 10 February 2024
Original article: neimagazine.com/news/newskorean-shipbuilder-joins-nuclear-shipping-project-11502161

South Korea's HD Korea Shipbuilding & Offshore Engineering (KSOE) plans to develop a small modular reactor (SMR) for use in shipping in cooperation with the UK's Core Power and the USA's Southern Company and TerraPower.

Date: Thursday, 08 February 2024
Original article: world-nuclear-news.org/Articles/Korean-shipbuilder-joins-maritime-SMR-project

A recent statement from Fitch Ratings casts doubt on any new nuclear construction in the US in the immediate future. Similar concerns were voiced during discussions at a full committee hearing of the Senate Committee on Energy & Natural Resources to Examine Opportunities and Challenges Associated with Advanced Nuclear Reactor Commercialisation.

Date: Wednesday, 06 December 2023
Original article: neimagazine.com/news/newsgrowing-uncertainty-in-us-regarding-economics-of-new-nuclear-11347683

A public-private partnership comprised of 42 state-run and private entities has been created to advance Korea's small modular reactor (SMR) sector. The alliance aims to establish plans to revitalise the country's SMR industry within the next year.

Date: Thursday, 06 July 2023
Original article: world-nuclear-news.org/Articles/South-Korea-forms-SMR-Alliance

South Korea’s Kepco Nuclear Fuel (KNF) and GS Engineering & Construction (GS E&C) are to collaborate with Denmark’s Seaborg Technologies to investigate the feasibility of developing a low enriched uranium (LEU) fuel salt production facility in South Korea. The companies see fluoride fuel salt supply as important for generation 4 advanced reactors.

Date: Saturday, 24 June 2023
Original article: neimagazine.com/news/newssouth-korea-and-denmark-to-collaborate-on-leu-fuel-salt-production-10961645

Two South Korean national financial institutions - Korea Trade Insurance Corporation (K-Sure) and the Export-Import Bank of Korea (KEXIM) - have each entered into agreements with Holtec International and Hyundai Engineering & Construction to provide financial support for SMR-160 projects around the world.

Date: Thursday, 04 May 2023
Original article: world-nuclear-news.org/Articles/Team-Holtec-signs-agreements-with-Korean-financial

Agreements to cooperate on small modular reactors (SMRs) have been signed between South Korean and US companies during a visit by Korean President Yoon Suk-yeol to the USA. Doosan Enerbility and the Export-Import Bank of Korea (KEXIM) signed a memorandum of understanding (MoU) to cooperate with NuScale Power, while SK and Korea Hydro & Nuclear Power (KHNP) have agreed to collaborate with TerraPower.

Date: Thursday, 27 April 2023
Original article: world-nuclear-news.org/Articles/Expansion-of-US-Korean-cooperation-on-SMRs