Skip to main content

Estimating the direct impact of nuclear propulsion on the global shipping fleet

Abstract

Decarbonising deep-sea shipping is difficult because vessels operate over long distances with high energy demand and limited refueling opportunities. Most transition scenarios emphasize alternative fuels and efficiency measures, while nuclear propulsion offers a structurally different pathway by shifting propulsion energy from voyage dependent expenditure to capital-dominated expenditure. This study examines operational implications of this shift using 2023 IMO Data Collection System dataset, covering 17,420 vessels, or about 30% of the global fleet. We compare observed operational speeds with design speeds and model a counterfactual nuclear propulsion scenario in which economic incentive for slow steaming disappears. Results show that the average observed speed is 11.49 knots, far below the design speed of 17.35 knots. Holding transport demand constant, a return to design speed would reduce required fleet capacity by approximately 31%. These findings suggest that nuclear propulsion could enable both operational CO₂ elimination and major productivity gains, representing a regime shift in fleet deployment.