South Korea's push to put small modular reactors on the open ocean crossed another checkpoint on Friday. The Korea Research Institute of Ships & Ocean Engineering (KRISO) said the American Bureau of Shipping (ABS) has granted Approval in Principle to the conceptual design of a 15,000-TEU container ship propelled by two molten salt small modular reactors, in a project run jointly with Samsung Heavy Industries and the Korea Atomic Energy Research Institute (KAERI).
Two SMRs, one 25-knot box boat
The design pairs a redundant two-reactor layout with an energy-storage buffer that soaks up surplus reactor output and dispatches it back into the propulsion train when the ship accelerates or maneuvers. KRISO handled the hull, reactor layout and power-operation software; KAERI is developing the marine-grade molten salt reactor itself. The hull is optimized for 25 knots, sits inside the expanded-Panama-Canal envelope, and centralizes the reactor amidships to reduce collision and wave-slam risk. Removing conventional fuel tanks and funnels also lifts container-loading efficiency across the deck.
Why the ABS stamp matters
ABS's Approval in Principle sits at the front end of its Novel Concept Class Approval process. It doesn't authorize construction — it confirms the concept complies with the intent of applicable ABS rules and industry codes, subject to a list of follow-on conditions. That's a workable checkpoint for a design partner shopping the concept to shipowners, port authorities and finance houses. It follows a similar approval from Lloyd's Register a month earlier, giving the Korean team two of the world's top marine classification societies on record backing the underlying architecture.
Nuclear at sea, revisited
The commercial pitch is straightforward: global shipping burns about 350 million tonnes of fossil fuel a year and accounts for roughly 3% of worldwide CO2 emissions, and the International Maritime Organization is chasing net-zero by around 2050. Reactor-powered ships don't refuel like conventional vessels and don't emit at the stack. The engineering gap is not just the reactor — it is verifying that reactor, hull motion and marine environment behave together, which is why KRISO says it ran scaled-model tests in its deep-sea engineering tank to feed the layout back into safety analysis.
The project builds on a 2023 memorandum in which nine South Korean organisations agreed to jointly develop marine-grade molten salt reactors and the regulatory pathway around them. It also arrives against a busier maritime-nuclear backdrop that already includes first-of-a-kind microreactor demonstrations onshore, and separate next-generation nuclear industrial bets in the United States.
What comes next
KRISO says the next phase is basic and detailed design, including the ship-reactor interface work that has to happen before any yard cuts steel. Samsung Heavy Industries will bring the shipbuilding side; KAERI will keep advancing the marine MSR. If the follow-on class work holds up, the trio will have set out a credible base design for the first generation of nuclear-propelled deep-sea box ships — a potentially large second act for South Korean shipbuilding, which is already coming off a run of state-backed advanced manufacturing bets.
Reporting based on coverage from World Nuclear News, Seoul Economic Daily and The Korea Times.
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