CEO and Founder, SRC Group
Hannes Lilp is CEO and founder of SRC Group - a privately held company focusing on design, engineering, technical, interior refit services and technology development for the maritime and offshore sectors.
Founded by in 2001 when Hannes was aged 23 and still a student at the Estonian Maritime Academy, SRC has gone on to complete over 5,000 projects worldwide and establish offices in Estonia, Italy, Norway, US, Poland and the Netherlands.
Holding an Executive MBA from the Estonian Business School, Hannes has also led SRC’s drive to establish an extensive network of partners and subcontractors worldwide to work across projects ranging from small repairs to Engineering Procurement Construction Installation retrofits involving up to 1,000 workers.
SRC Group has been recognized as among Estonia’s Exporters of the Year and ranked No. 1 in the machinery and metal industry by Äripäev, a leading Estonian business newspaper. Hannes was named as a top three 2021 Industry Person of the Year in Estonia.
In 2023, Hannes led SRC Group’s development and launch of Methanol Superstorage - a new approach to fuel storage on board ship which will drive maritime decarbonisation by overcoming methanol’s energy density disadvantage against HFO.
Where conventional tanks feature 600mm width cofferdams to separate inner and outer walls, Methanol Superstorage uses 25mm thick SPS Technology Sandwich Plate System, offering a route to an alternative design certification for low flashpoint fuel storage which boosts tank volume by up to 85%. Approved in Principle by Lloyd’s Register, Methanol Superstorage is suitable for all vessel types.
