HD Hyundai targets car carriers with SMR nuclear propulsion for zero-emission shipping
datamarnews.comSouth Korea's HD Hyundai has received approval in principle from Lloyd's Register for the conceptual design of a large car carrier powered by a molten salt reactor, a type of small modular reactor. The project involves multiple affiliates including HD Hyundai Heavy Industries, HD Korea Shipbuilding, Hyundai Glovis, and the Korea Atomic Energy Research Institute. This follows earlier work on SMR-powered container ships and marks an expansion into the car carrier segment, which is expected to grow to $4.5 billion by 2030. SMR propulsion emits no carbon dioxide during operation and enables long-range, high-output voyages. However, the European Maritime Safety Agency notes that challenges around production, safety, liability, and insurance must be resolved before nuclear shipping can scale. The move signals growing interest in nuclear as a decarbonization option for hard-to-abate maritime sectors, though commercial deployment remains years away.
