The US Maritime Administration (Marad) has signed a commercial cooperation agreement with UK-based CORE POWER to advance civilian nuclear marine propulsion, positioning nuclear energy as a possible tool to meet IMO decarbonization and environmental compliance targets for shipping. The deal is aligned with the IAEA’s ATLAS initiative on nuclear applications at sea and reflects growing regulatory pressure to cut greenhouse gas emissions from the global fleet.
The US Maritime Administration (Marad) and nuclear technology company CORE POWER have signed a commercial agreement to collaborate on developing civilian nuclear power solutions for the maritime sector, including potential application to commercial ships. Industry coverage reports that the signing took place just before the International Atomic Energy Agency (IAEA) launched its ATLAS initiative on August 26–27, which focuses on nuclear applications at sea and aims to create a framework for safe, regulated deployment of marine nuclear technologies. The agreement includes joint work on safety standards, licensing and regulatory pathways for future nuclear-powered vessels, which will need to be aligned with IMO environmental protection and safety regulations governing international shipping.
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