LGL and Hyundai Glovis Evaluate SMR Technology for Nuclear-Powered Merchant Ships

Liberty Global Logistics (LGL) and Hyundai Glovis signed a Memorandum of Understanding (MoU) to evaluate the feasibility of developing and operating a Small Modular Reactor (SMR)-powered Pure Car and Truck Carrier (PCTC). The partnership initially targets service between the United States and South Korea. The companies are jointly studying vessel construction, potential shipyards, flag state requirements, and the necessary infrastructure to move the project toward commercial viability.

This collaboration represents a potentially significant step toward commercial nuclear propulsion in the maritime sector. The evaluation focuses on overcoming regulatory, infrastructure, technical, and commercial hurdles required for actual operation. If successful, an SMR-powered vessel could operate for extended periods without conventional marine fuel while producing no carbon emissions from fuel combustion during operation.