ABS approves Floating Offshore Nuclear Power Barge from HD KSOE and KEPCO E&C

A novel design for a floating offshore nuclear power barge from HD Korea Shipbuilding & Offshore Engineering and KEPCO Engineering and Construction Company,received approval in principle from ABS.
Project collaborators include ABS, HD KSOE, KEPCO E&C and the Liberian International Ship & Corporate Registry. Representatives from each company met in Washington, D.C., for the AIP presentation.
The floating small modular reactor (SMR) barge is intended to serve as offshore power generation for remote communities and island electrification. HD KSOE provided basic designs for the marine systems; then ABS and LISCR completed design reviews based on class and statutory requirements. KEPCO E&C will continue to work on risk assessments for future applications.
“Modern nuclear technologies are increasingly suggested as a potential solution to lower carbon emissions. Floating production platforms like this barge from HD KSOE have the possibility to scale more easily than what can be done on land. ABS is proud to apply our research and experience to innovative projects such as this one,” said Patrick Ryan, ABS Senior Vice President and Chief Technology Officer.
“This barge design not only eliminates the inconvenience of selecting onshore sites by being installed at sea but also offers the advantage of an integrated design for thermal energy production. This increases the potential to support the production of eco-friendly ship fuels like ammonia or methanol. Furthermore, HD KSOE has invested $30 million in the fourth-generation SMR company, TerraPower, and we have plans to accelerate the development of future nuclear-powered ships by establishing an SMR research team,” said Dr. Kim Sung-Jun, Director of Future Technology at HD KSOE.
“KEPCO E&C developed APR1400 which received design certification from the U.S. NRC in 2019 and has continuously designed more than 30 nuclear power plants at home and abroad over the past 40 years. In addition, we have our own marine SMR, ‘BANDI’, and we are making efforts to develop marine SMR technology as well as onshore SMR. Based on our abundant experience in the nuclear power business and accumulated technology, we will actively contribute to decarbonization for the environment and future generations,” said Dr. Moon Young-Tae, Senior Director of KEPCO E&C.
Related News.
September 28, 2026
Global Flag State Ranking 2026 who is up, who is down
Lorrendraaier publishes Global Flag State Ranking 2026: 148 flags measured on objective data, Singapore leads, Pakistan falls 35 places, the Dutch…
September 28, 2026
Will Germany have enough gas this winter?
As of mid-September 2026, Germany had stored just about 141 terawatt-hours of gas, accounting for around 57% of the country’s total storage…
September 28, 2026
Record diesel prices put US policy options in focus
Record-high diesel prices and tight inventories have put US exports under scrutiny, but keeping more barrels at home may offer only temporary…
September 28, 2026
IUMI elects Sean M. Dalton as President and says farewell to Frédéric Denèfle
The International Union of Marine Insurance (IUMI) has elected Sean M. Dalton as its new President. The election took place today at a meeting of the…
September 28, 2026
F/V MISTRESS Shipwreck ‘Lost’ Near Block Island Located After Seven Years
Green Oceans’ Underwater Investigation Reveals a Shipwreck Presumed to be the F/V Mistress found at the Base of Block Island Turbine #1 - Asks…
September 28, 2026
OCEAN at 50 celebrating a proud past and Maritime Future
OCEAN, the European sub-committee of ISSA, celebrated half a century of service to Europe’s ship supply sector with a landmark anniversary conference…
September 28, 2026
DORIC MONTHLY BRAZIL BAROMETER SEPTEMBER 2026
Pls find below the DORIC MONTHLY - BRAZIL BAROMETER SEPTEMBER 2026 BRAZIL_BAROMETER_SEPTEMBER_2026
September 28, 2026
Steel flows face fresh challenges in the final quarter of 2026
Steel flows slip into negative growth in July 2026 Global steel flows fall 1% y/y in July 2026 to reach 22.2 Mt. China’s share of global steel…
September 28, 2026
Insurance must shift “from repair to prevention”, says IUMI
Marine insurers will need to place greater emphasis on loss prevention as risks become more complex and costly to insure, according to Pascal Dubois,…
September 28, 2026
BIMCO’s Container Shipping Market Overview & Outlook September 2026 is out
Container Shipping Market Overview & Outlook Supply pressure is mounting "Disruptions and strong growth in head-haul trades continue to support…
Subscribe to our newsletter!
if you dont want to swim alone in the ocean of news, sign up for the newsletter, and you will receive daily all the important news of world shipping!
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved
Design & Development by P.KAN.DESIGNER
© 2026 Cyprus Shipping News. All rights reserved























