A carousel for the storage of flexible product, and a method of loading flexible product thereon, wherein said carousel comprises an open drum mounted to rotate around a vertical axis, an elevatable floor, preferably internal to said drum and lifting means for lifting and lowering said elevatable floor. Said lifting means possibly being located between a base of said carousel and said elevatable floor. Said carousel may be of the type designed for location under deck on a marine pipelaying vessel, said flexible product being flexible conduit for the transport of hydrocarbons.