Can US revamp shipbuilding sector by turning to nuclear-powered ships?

New nuclear reactor technology represents a once-in-a-generation opportunity for US industrial policy, Christopher J. Wiernicki, Chairman and CEO of class society ABS, believes.

Vessels propelled by advanced small modular reactors (SMR) could act as a catalyst for the revitalization of US shipbuilding. To remind, the United States ranks 19th in the world of commercial shipbuilding and the country is seeking ways to improve this position.