Study: Allseas' Nuclear Reactor Could Cut Shipping's Emissions By 5%

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Delft-based offshore company Allseas is investing €300 million in the construction of a nuclear reactor as a power source for seagoing vessels. There's a market for at least seven hundred vessels, according to business consultant Roland Berger. Onshore, there's room for 110 reactors.

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The Dutch offshore company Allseas is investing €300 million in the development of a nuclear reactor for seagoing vessels and plans to begin converting its own fleet in 2032. Two years prior to that, the first small nuclear reactor is scheduled to be tested on land. Allseas is encouraged by research commissioned by consultancy Roland Berger: some 700 large vessels could be powered by nuclear energy, such as the 400-meter-long container ships tha…