Samsung Heavy Industries and Danish organisation Seaborg have signed a new agreement to develop floating nuclear power plants. The partners have identified P2X projects producing hydrogen and ammonia fuel as key applications for the 800 MW vessels. This follows a report released in January, where UK-based CORE POWER suggests floating nuclear power to produce offshore ammonia can create a network of strategically-located refueling points to service a wide range of maritime transport, with particularly promising applications in the US.