The Danish pump specialist Svanehøj expects to submit an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier report set in 2014.
2021 has been a record yr for Svanehøj.
Svanehøj’s patented DW gasoline pump solution is certainly one of the main development drivers. The pump was launched to the market in 2015 and will account for nearly 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen stated the company’s fuel pump sales quadrupled on 2020, with new orders spread broadly across sectors.
“We see a big increase in orders of fuel pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have obtained a very large variety of orders for LPG carriers, where we provide pump methods for each cargo and gas,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump systems for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an agreement with a Japanese FGSS supplier on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be constructed within the coming years might be built to run on LNG. Therefore, we expect further growth in this phase,” said Kringelholt Nielsen.
“At the identical time, a market for new gasoline types will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this into consideration with our gas pump, which is absolutely suitable with e-fuels similar to green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has started เกจวัดแรงดันออกซิเจน with a new strategy and a goal of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to fuel pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees nice potential in developing pump options for the infrastructure to be built round Power-to-X and carbon seize and storage (CCS).
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