Donald Trump’s administration is teaming up with a British company to help it build a fleet of nuclear-powered merchant vessels to challenge China’s growing dominance of commercial shipbuilding, a top US official has said.
Stephen Carmel, administrator of the US Maritime Administration at the transport department, told the FT that Washington would sign a public-private partnership agreement on Monday with Core Power, which would help accelerate development of nuclear propulsion for shipping.
Read more in the Financial Times here.
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