Nuclear LNG carrier study puts price on atomic shipping

AI Summary

A study backed by ABS estimates that a nuclear-powered LNG carrier could cost about 2.5 times more to build than a conventional vessel, but may achieve lower lifetime costs under some carbon-pricing scenarios. The modelling was conducted with Japanese nuclear technology developer Blossom Energy and an unnamed global shipping company.

A nuclear-powered LNG carrier could cost around two-and-a-half times as much to build as a conventional vessel yet still deliver lower lifetime costs under certain carbon-pricing scenarios, according to a new study backed by ABS. The class society, Japanese nuclear technology developer Blossom Energy and an unnamed global shipping company modelled a 174,000 cu m …