Hyundai Glovis and Liberty Global Logistics Explore Nuclear-Powered PCTC
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Hyundai Glovis and Liberty Global Logistics (LGL) signed a memorandum of understanding on September 30 to jointly evaluate the development and commercial operation of a Pure Car and Truck Carrier (PCTC) powered by a small modular reactor (SMR). The project is initially focused on trade between the United States and South Korea.
Scope of the study
The analysis will cover the commercial, technical and regulatory requirements needed to build and operate the vessel. LGL will be responsible for examining the U.S. regulatory and operating environment, with initial focus on West Coast ports, including federal and state approvals and port infrastructure needs. Hyundai Glovis will conduct an equivalent assessment in South Korea. Both companies will also study the vessel's construction feasibility, including shipyard selection, flag state, and classification requirements.
Technical background and statements
The agreement builds on work Hyundai Glovis had already been carrying out around this type of propulsion: in June 2026, during Posidonia, the company received Approval in Principle from Lloyd's Register for the conceptual design of an SMR-powered PCTC, developed together with Hyundai Heavy Industries, HD Korea Shipbuilding & Offshore Engineering, G-Marine Service and the Korea Atomic Energy Research Institute, a study that addressed the integration of a molten salt reactor. LGL President David Minetti noted that the intent is to examine not only whether an SMR-powered vessel can be built, but what would be required for it to operate safely, efficiently and commercially between the United States and South Korea.
Possible expansion
If the service between the United States and South Korea proves commercially viable, the companies plan to explore extending the concept to other countries and international routes. Hyundai Glovis stated that this partnership seeks to establish the conditions necessary for real commercial operation, as part of a strategy that broadens its focus from LNG dual-fuel vessels toward next-generation, zero-carbon propulsion.
