Corpus Christi Port Signs Deal for Nuclear-Powered Shipping
The Port of Corpus Christi has signed a Memorandum of Cooperation (MOC) to advance nuclear maritime technology, specifically small modular reactors (SMRs). This agreement is part of the US Department of Transportation's initiative to develop SMRs and reduce shipping costs. The partnership between MARAD and the Port of Corpus Christi aims to explore opportunities for integrating SMR technologies into maritime energy systems.
The Port of Corpus Christi, which is the largest port for petroleum exports in the United States, has seen an 81% increase in liquefied natural gas (LNG) shipments since 2022. This agreement marks the second partnership between the Department and a port, following the signing of a similar agreement with the Port of Long Beach in June.
SMRs have the potential to reshape America's maritime sector by lowering shipping costs and bolstering supply chains, according to US Transportation Secretary Sean P. Duffy. The technology could also help power port operations, support the broader industrial complex, and advance maritime propulsion capabilities.
The agreement was signed in a ceremony attended by Secretary Duffy, MARAD Administrator Stephen M. Carmel, Congressman Michael Cloud (TX-27), and leaders from the Port of Corpus Christi. This partnership is expected to drive innovation in the US maritime sector and promote American energy dominance.