Wed 1 Oct 2025, 11:09 GMT | Updated: Wed 1 Oct 2025, 11:11 GMT

ClassNK and Panama approve methanol tank design that almost doubles capacity


SRC's Methanol Superstorage technology uses a sandwich plate system to increase shipboard fuel storage by 85%.


AIP Handover Ceremony for the Methanol Superstorage tank design.
The approval marks progress in addressing methanol's storage challenges as the alternative fuel gains traction in shipping. Pictured, left to right: Ryohei Sakai (Project Hull), Technical Solution Department, ClassNK; Alex Vainokivi, Innovation Manager, SRC Group; and Ginette Sophia Testa Barnett, Ambassador and Permanent Representative of Panama to the IMO. Image credit: ClassNK

Classification society ClassNK and Panama's Maritime Authority have granted approval in principle (AiP) to SRC for its Methanol Superstorage tank design, which the company claims can almost double shipboard storage capacity for methanol and ethanol.

The approvals confirm that the tank concept is feasible for its intended application according to ClassNK's guidelines for ships using methyl and ethyl alcohol as fuels.

The technology uses a Sandwich Plate System (SPS) featuring a solid elastomer core between two steel plates that is 25 millimeters thick. This contrasts with traditional fuel tanks where internal and external walls are separated by a cofferdam of at least 600 millimeters.

SRC claims the solution delivers 85% more storage capacity than a conventional tank.

"With many methanol-ready ships now in operation, under construction, or on order and ethanol also gaining traction, fuel storage has become an area of intense industry interest," said Ryohei Sakai, Manager (Project Hull), Technical Solution Department, ClassNK. "Because of its low volumetric energy density compared to HFO, a methanol tank would need to hold over twice the volume to generate the same energy, for example. This has consequences for ship range and design. SRC's methanol fuel tank concept represents an approach to addressing this challenge."

Methanol-fuelled vessels must follow the alternative design process, with final approval resting with the flag state. To reflect this, Panama's expertise was brought into the review, which led to the country also granting AiP to the technology.

For final approval of an actual fuel tank design applied to a specific ship, complete documentation covering design details would require full approval according to relevant regulations, rules, and guidelines.

An AiP is issued at the initial design stage as proof of conformity with requirements before a specific target ship is decided. It aims to prevent regulatory rework in later processes and shorten examination time during class registration.

"Receiving Approval in Principle for Methanol Superstorage from both ClassNK and Panama Maritime Authority represents a major step forward for SRC in our mission to achieve widespread industry acceptance for the solution," commented Alex Vainokivi, Innovation Manager, SRC Group. "A Methanol Superstorage tank delivers almost twice the fuel storage volume of a traditional tank, while the SPS provides a triple barrier for fire protection, leak prevention, and higher impact protection. It can also be retrofitted with minimal impact on the vessel's general arrangement."

SRC Group, founded in 2001, offers engineering, procurement, construction, and installation solutions for marine and offshore projects. The company has offices in Estonia, Italy, Norway, the US, Singapore, and the Netherlands.



Delivery ceremony of Maran Myrto vessel. New Times Shipbuilding cuts steel on two crude tankers and delivers LNG dual-fuel vessel  

Chinese yard marks a busy 4 June with steel-cutting ceremonies and a tanker delivery to Maran.

Christening ceremony of Mercedes Pinto vessel. Baleària Canarias christens €128m dual-fuel fast ferry Mercedes Pinto for inter-island routes  

The catamaran will connect Tenerife, Gran Canaria and Fuerteventura with six daily departures.

AiP award ceremony for LPG dual-fuel 1,400-teu container vessel design. DNV awards AiP to HHI for LPG dual-fuel container vessel design  

Approval in principle granted for ship design targeting the underserved smaller container segment.

Olivier Josse, Alberto Pérez Espinosa and Luke Shu. Seascale Energy partners with Lloyd’s Register Advisory to build decarbonisation expertise  

The bunker firm has launched a knowledge partnership covering low-carbon fuels and maritime regulations.

CSL Kuleana vessel. CSL takes delivery of methanol-ready Kamsarmax as fleet renewal programme advances  

MV CSL Kuleana departs on maiden voyage, equipped with Tier III engines.

Peter Keller, SEA-LNG. LNG orderbook share hits 90% as methane pathway investment holds firm  

LNG bunkering volumes surge and biomethane uptake grows six-fold, despite geopolitical headwinds.

Vessel at sea with Graphyte and NYK Line logos. NYK to offset ship emissions with CDR credits from Loblolly project  

Japanese shipping group turns to biomass-based carbon sequestration to address residual maritime emissions.

Close-up view of a KESS vessel. K Line orders four LNG dual-fuel car carriers for European short-sea operations  

Kawasaki Kisen Kaisha contracts quartet of 1,380-vehicle vessels at China Merchants Jinling Shipyard.

Bunge logo. Bunge seeks bunker purchaser for Rotterdam operation  

Agribusiness is looking for candidates with experience in marine fuel procurement.

Launching ceremony of a 38,000-dwt chemical tanker with hull no. XY169. First vessel in NYK Stolt Tankers’ newbuild series launched in China  

FKAB-designed 38,000 DWT chemical tanker launched at Nantong Xiangyu Shipyard, China.