Nuclear-powered containerships could unlock $68 million in annual savings and eliminate GHG emissions

Photo: Lloyd’s Register. Meg Dowling, Senior Engineer – Nuclear Technology and Alternative Fuels, LR

As part of our Career Connect Washington Maritime Sector ongoing work, we actively track, document, and inform about emerging technologies and trends. A new industry report reveals how nuclear propulsion creates competitive advantage for both operators and charterers through superior economics and performance. Nuclear-powered containerships have the potential to eliminate bunker costs, cut greenhouse gas (GHG) emissions and deliver faster transit times, while maintaining safety and economic competitiveness.

The findings are drawn from a new Lloyd’s Register and LucidCatalyst report for Seaspan Corporation Pte. Ltd. The report examines the technical, economic, and regulatory potential of integrating small modular reactors (SMRs) into the containership fleet. LucidCatalyst performed a comprehensive analysis of the costs and benefits for Seaspan's business model and collaboratively developed requirements that, if met, would create significant value.

Go to this link to read the full press release published by Lloyd’s Registar https://www.lr.org/en/knowledge/press-room/press-listing/press-release/2025/nuclear-powered-containerships-could-unlock-$68-million-in-annual-savings-and-eliminate-ghg-emissions/