"This study recommends a strategy for developing U.S.-flag nuclear-powered merchant ships. It identifies and discusses key problem areas, including comparative economics, safety and environmental quality considerations, and finincial incentives and options. Four major conclusions and four principal recommendations are highlighted in the Summary; and subsidiary conclusions and recommendations appear in the supporting text. The main text is supported by 7 working papers, included as appendixes: The future of U.S. foreign trade; Costs and comparative costs for nuclear-powered and conventionally powered ships; The future price and availability of residual fuel oil; Trade route alternatives for nuclear propulsion applications; Health, safety, and environmental quality considerations; Prospects of unconventional propulsion for merchant marine applications; and Principal subsidies available to U.S.-flag ships engaged in foreign trade."--Page [127].