Samsung Heavy Industries Develops Offshore SMR, Accelerating Commercialization

Floating Offshore Nuclear Power Platform FSMR Receives US ABS Certification
The shipbuilder announced on Dec. 15 that it has obtained Approval in Principle (AIP) from U.S. classification society ABS for the FSMR equipped with two SMART 100 units. SMART 100 is an integral SMR developed by Korea Atomic Energy Research Institute (KAERI) that received standard design certification from the Nuclear Safety and Security Commission in September last year.
In this certification, Samsung Heavy Industries was responsible for SMR and floating body integration, comprehensive design of nuclear power generation facilities, and development of multi-barrier reactor containment vessels, while KAERI performed the task of converting the land-based SMR SMART 100 for offshore use.
Samsung Heavy Industries views the FSMR as advantageous for commercialization in that it is a versatile floating nuclear facility model capable of mounting various types of SMRs. The FSMR is characterized by applying so-called compartment design that functionally separates and groups reactors and power generation facilities before arrangement. Development of FSMRs with various types of SMRs is possible by changing the design only for compartments where SMRs are placed.
Additionally, the reactor and safety systems, which are core components of floating nuclear power facilities, have been modularized within a single containment vessel to enhance safety, and the placement of SMRs within containment vessels enables testing on land before shipboard installation, allowing for schedule reduction.
Ahn Young-kyu, head of Samsung Heavy Industries’ Technology Development Division, said, “This certification is an important milestone for pioneering the offshore nuclear power market,” adding, “We will secure safe and economical offshore nuclear power technology with Samsung Heavy Industries’ proud floating technology.”
Jo Jin-young, director of KAERI’s Advanced Reactor Research Institute, emphasized, “Obtaining this AIP utilizing SMART100 proves the innovation of our nuclear technology,” adding, “We will accelerate technology development so that Korea can establish itself as a leading country in the marine nuclear industry.”
Source: BusinessKorea
Related News.
October 15, 2026
Hong Kong Global Maritime Trade Summit to return for third edition
The International Chamber of Shipping, in collaboration with the Transport and Logistics Bureau of the Government of Hong Kong and the Hong Kong…
October 15, 2026
Appetite for US crude oil exports climbs despite high freight
South Korea tops US crude destinations at 568,600 b/d VLCC rates to Asia double, closing arbitrage window European refining margins…
October 15, 2026
Shipping stocks Rally as Hormuz Traffic plunges 75%
Ship traffic through the Strait of Hormuz — a critical chokepoint handling about 20% of global crude oil and liquefied natural gas shipments — has…
October 15, 2026
Diana Shipping announces Time Charter Contract for m/v G P Zafirakis with Classic Maritime
Diana Shipping, a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced that, through a…
October 15, 2026
New IMO ESP Code framework for Remote Inspection Techniques
The International Maritime Organisation, through Resolution MSC.584(111) , has adopted amendments to the International Code on the Enhanced…
October 15, 2026
ABS opens Offshore & Marine Support Center in Bergen
ABS has expanded its capabilities in the Norwegian maritime market with the opening of a cutting-edge support center in Bergen, bringing advanced…
October 15, 2026
MOL holds giant step memorial ceremony and beach cleanup at Kashima Coast
Memorial and Reflection 20 Years After the Accident: Learning from the Past to Foster an Even Stronger Safety Culture Mitsui O.S.K. Lines, announced…
October 15, 2026
KEZAD-based Arabian Gulf Steel Industries achieves lowest verified Carbon Footprint for Rebar
CARES UK verified Environmental Product Declaration confirms 139 kg CO₂e per tonne for rebar produced at AGSI’s KEZAD Abu Dhabi facility Arabian…
October 15, 2026
Indian Register of Shipping announces launch of first fleet support ship INS Surya
Indian Register of Shipping continues to strengthen its role in supporting the Indian Navy and India’s naval shipbuilding capabilities through the…
October 15, 2026
VLCCs Climbing the Record Charts
LR2 The TC1 75kt MEG/Japan index decreased by only a single point this week to WS928. The corresponding Baltic round-trip TCE fell by $2,000 to…
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























