SRC Group News

ClassNK has issued an approval in principle (AiP) for a methanol fuel tank design concept developed by SRC Group. The certification demonstrates its feasibility from regulatory and safety perspectives.  With the growing adoption of alternative fuels such as methanol in the maritime industry, the development of safe and efficient fuel storage solutions has become increasingly important. The design concept enables efficient utilisation of fuel tank capacity while meeting safety requirements...

Nippon Kaiji Kyokai (ClassNK) has granted approval in principle (AiP) to SRC for Methanol Superstorage, the innovative tank design concept that uses a Sandwich Plate System (SPS) technology to almost double shipboard storage capacity for both methanol and ethanol. The ClassNK AiP confirms that Methanol Superstorage is feasible for the intended application in accordance with the Society’s 'Guidelines for Ships Using Alternative Fuels, Part A: Guidelines for Ships Using Methyl/Ethyl Alcohol...

SRC Group’s Methanol Superstorage solution has won The Royal Institution of Naval Architects Maritime Innovation Award 2025, recognising its contribution to the adoption of methanol as a mainstream marine fuel. Every year, a panel of RINA judges considers initiatives from academia, as well as industry before giving the prestigious award to the innovation considered the most significant in terms of advancing maritime vessel design, construction, and operations. Methanol superstorage Alig...

SRC Group and GREEN MARINE have signed a collaborative agreement that brings two of the strongest advocates of methanol as a marine fuel together to develop and deliver Methanol Superstorage to market. SPS Technology The cooperation aims to realise the benefits available to SRC’s Methanol Superstorage solution, which has been turning heads among owners, builders, repairers, class societies, and insurers since its launch. Using the SPS Technology Sandwich Plate System instead of traditio...

As the curtains fall on Europort 2023, memories linger of an event that saw stakeholders from across the maritime world connect on the key themes of energy transition and digitalisation, as well as the human capital and finance needed to support them. Europort 2023 Europort has drawn to a close after four busy days of conferences, networking, and awards ceremonies that also saw a series of new and innovative products introduced to the maritime and offshore markets. In 2023, 24,470 visitors an...

A new and space-efficient retrofit methanol storage solution from SRC Group has received Approval in Principle from Lloyd’s Register, signifying that no major conceptual issues have been identified as standing in the way of its securing classification approval and regulatory compliance. Methanol Superstorage offers the potential for ships with years of service ahead to be considered for transition to a marine fuel established as a frontrunner for meeting IMO targets to cut greenhouse gas...