- MARAD is exploring nuclear-powered cargo ships to cut fuel costs and extend vessel range.
- The initiative supports Trump’s push to rebuild U.S. shipbuilding and maritime strength.
- Sean Duffy said partnering with industry innovators on SMRs could help strengthen national security.
The Department of Transportation and the Maritime Administration, or MARAD, launched a new initiative aimed at developing small modular nuclear reactors, or SMRs, for commercial shipping applications, the agency said Thursday.
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What Is the Goal of the SMR Initiative?
The initiative, which aligns with President Trump’s “Restoring America’s Maritime Dominance” executive order, aims to develop an SMR model that supports U.S. shipbuilding, lowers operating costs and boosts national security.
According to Transportation Secretary Sean Duffy, partnering with industry experts and “outside-the-box thinkers” to develop a strong SMR model will help deliver a state-of-the-art energy source that reduces costs and strengthens national security.
Get the latest business opportunities in nuclear power and other advanced energy initiatives directly from Dr. Jeff Waksman, Army principal deputy assistant secretary for installations, energy and environment, during his keynote at the Potomac Officers Club’s 2026 Army Summit on June 18!
What Areas Is MARAD Seeking Input On?
MARAD issued a request for information asking industry leaders and technology developers for feedback on developing nuclear-powered commercial vessels. The RFI is intended to advance efficiency through reliable high-power energy systems and affordability by reducing fuel and maintenance costs.
It also seeks to strengthen national security through more resilient supply chains and energy independence, while enhancing scalability across commercial fleets and logistics networks. In addition, the initiative aims to support shipbuilding and workforce development in U.S. shipyards and establish regulatory frameworks for liability, insurance, inspections and port access before the start of construction.
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