Can US revamp shipbuilding sector by turning to nuclear-powered ships?

The article discusses the potential of Small Modular Reactors (SMRs) in transforming the shipping industry. Christopher Wiernicki, CEO of ABS, highlights that SMRs could revolutionize the commercial model, economics, and operation of vessels, benefiting both global and U.S. shipbuilding. He emphasizes the need for investment in SMR technology and a new regulatory framework to support its adoption. Wiernicki also points out the competitive economics of new nuclear technology over the life of a vessel.

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