KR Releases 14th Issue of Decarbonization Magazine, Covering Marine Small Modular Reactors and First-Year FuelEU Maritime Compliance Trends

An examination of emerging regulatory frameworks for marine small modular reactors (SMRs), including challenges associated with their application onboard ships and safety approval.

An analysis of the first year of FuelEU Maritime, highlighting compliance trends and their implications for decarbonization strategies

The issue opens with an examination of the regulatory frameworks for marine SMRs and the challenges of installing reactors on vessels, including safety assurance, maintenance requirements, and the cost and complexity of obtaining approvals. The article also reviews recent IMO revision work, the IMO–IAEA collaboration and KR’s own technical projects.

While the regulatory framework for marine SMRs is still under development, FuelEU Maritime, by contrast, is already in effect, and the magazine analyzes its first year of compliance. Ships that fail to meet the mandatory greenhouse gas intensity limits can avoid penalties by pooling their compliance balances with over-compliant vessels. According to KR’s analysis, approximately 92% of ships used pooling in the first year, while the price of compliance surpluses gradually declined to approximately 80% below the penalty level.

This story was originally published by Hellenic Shipping News. Read the full story at Hellenic Shipping News →