The Danish pump specialist Svanehøj expects to publish an all-time excessive order consumption of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier document set in 2014.
2021 has been a record year for Svanehøj.
Svanehøj’s patented pressure gauge octa is doubtless certainly one of the main development drivers. The pump was launched to the market in 2015 and will account for almost 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen stated the company’s gasoline pump gross sales quadrupled on 2020, with new orders unfold widely throughout sectors.
“We see a significant increase in orders of gas pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve acquired a really massive variety of orders for LPG carriers, the place we supply pump systems for each cargo and gas,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two vital orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump techniques for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an agreement with a Japanese FGSS provider on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that most of the ships to be built in the coming years might be constructed to run on LNG. Therefore, we count on further progress on this phase,” mentioned Kringelholt Nielsen.
“At the identical time, a marketplace for new gasoline types will emerge, driven by the large-scale investments in Power-to-X. We have already taken this under consideration with our gasoline pump, which is absolutely compatible with e-fuels similar to green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” said Kringelholt Nielsen.
Svanehøj has started 2022 with a brand new strategy and a target of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to gasoline pumps for LNG, LPG and future artificial e-fuels, Svanehøj sees nice potential in creating pump solutions for the infrastructure to be built around Power-to-X and carbon capture and storage (CCS).
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