ABB has entered a memorandum of understanding (MoU) with Swedish nuclear energy firm Blykalla to expedite the introduction of lead-cooled small modular reactors (SMRs) in the maritime industry.
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The American Bureau of Shipping (ABS) has issued approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering (HD KSOE) for an innovative floating small modular reactor (SMR) power module. The design aims to generate electricity offshore and near shore, providing power to port facilities and onshore communities.
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