Global solution provider SRC Group has received Approval in Principle (AiP) from Lloyd’s Register (LR) for Methanol Superstorage, a new and space-efficient retrofit methanol storage solution.

Methanol Superstorage offers the potential for ships with years of service ahead to be considered for transition to a marine fuel, established as a possible solution for meeting the International Maritime Organization’s (IMO) targets to cut greenhouse gas emissions from ships by at least 20% by 2030 and 70% by 2040 (against a base year of 2008).