Westinghouse Electric has signed a memorandum of understanding (MoU) with Seaspan for the production of essential components for the AP1000 and AP300 small modular reactors (SMRs).

The MoU will support nuclear new-build projects in Canada and around the world, and include the manufacturing of components such as pipe spools and steel structures.

Seaspan Shipyards strategy, business development and communications senior vice-president Dave Hargreaves stated: “Seaspan’s proven experience in custom, high-quality fabrication and manufacturing in support of both our large shipbuilding and our complex repair and overhaul projects has positioned Seaspan to pursue work in adjacent markets, such as the nuclear industry.”

For every AP1000 unit constructed outside Canada, Westinghouse could contribute almost C$1bn ($726m) in Canadian dollars to the country’s gross domestic product (GDP) through local suppliers.

The agreement strengthens Westinghouse’s commitment to the Canadian economy and the development of the nation’s nuclear supply chain.

Westinghouse noted that its AP1000 reactor, which is the only Generation III+ reactor in operation today, is at the forefront of the company’s collaborations with Canadian suppliers.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Six AP1000 reactors are currently operational worldwide, with eight more under construction.

By 2030, it is anticipated that there will be 18 units based on AP1000 technology in operation globally.

In addition to the AP1000, Westinghouse is working with the Canadian supply chain on the AP300 SMR, a 300MW single-loop pressurised water reactor, and the eVinci microreactor.

Westinghouse Energy Systems president Dan Lipman stated: “We are proud to establish this new relationship with Seaspan and bring them into our network of more than 450 Canadian suppliers.

“Seaspan’s manufacturing expertise and ability to deliver on large-scale projects will make it a valuable partner to support advanced reactor projects in Canada and beyond.”

In September 2024, Westinghouse Electric partnered with Hyundai Engineering & Construction to explore nuclear power plant opportunities in Sweden and Finland.