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Event Brief

Core Power plans first nuclear-powered merchant ship

British company Core Power plans its first nuclear-powered merchant vessel in 2028 after a partnership deal with the Trump administration. The plan is intended to help the US develop a nuclear-powered merchant fleet to compete with China’s shipbuilding dominance.
WHO: Core Power; Trump administration
WHAT: Core Power plans its first nuclear-powered merchant ship for 2028 under a partnership deal with the Trump administration.
WHEN: Reported Aug 24, 2026 at 8:00 AM ET
WHERE: United Kingdom
WHY: To build a nuclear-powered merchant fleet as a challenge to China’s shipbuilding dominance.

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