United States, March 11 -- American Bureau of Shipping (ABS), HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries have launched a joint development project to study the conceptual design of a nuclear-powered electric propulsion system for a 16,000-TEU container ship, ABS said in its news release.The partners will assess the technical feasibility of installing a nuclear-powered electric propulsion system on a vessel of that size. HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho will develop the basic design, electrical component specifications and arrangement plans for the propulsion system.Matthew Mueller, vice president for North Pacific business development at ABS, said the initiative is "an...