HD Hyundai develops nuclear-powered car carrier using small modular reactor technology for zero-emission shipping
splash247.comHD Hyundai has received approval in principle from Lloyd's Register for a large car carrier design powered by a molten salt reactor, a type of small modular reactor (SMR). The design aims to produce zero carbon emissions during operation while enabling long-range, high-output voyages. This expands HD Hyundai's nuclear propulsion work beyond container ships into the car carrier segment, which is projected to grow to $4.5 billion by 2030. The project involves multiple Korean partners including Hyundai Glovis for operational planning and the Korea Atomic Energy Research Institute for reactor review. The European Maritime Safety Agency has noted that while nuclear power could help decarbonize shipping, challenges remain around safety, insurance, and regulatory frameworks. HD Hyundai says it will continue developing carbon-neutral vessel technology through further investment.
