The Danish pump specialist Svanehøj expects to publish an all-time excessive order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous record set in 2014.
2021 has been a document year for Svanehøj.
Svanehøj’s patented DW gasoline pump solution is probably one of the major 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 mentioned the company’s fuel pump gross sales quadrupled on 2020, with new orders unfold widely across sectors.
“We see a major enhance in orders of gas pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve obtained a really giant number of orders for LPG carriers, the place we supply pump systems for each cargo and gasoline,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two vital orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump techniques for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an settlement with a Japanese FGSS provider on gas pumps for six LNG-fuelled Pure Care and Truck Carriers.
“ เกจอาร์กอน see clear indications that lots of the ships to be built within the coming years might be constructed to run on LNG. Therefore, we expect additional progress on this segment,” stated Kringelholt Nielsen.
“At the same time, a marketplace for new fuel sorts will emerge, driven by the large-scale investments in Power-to-X. We have already taken this into consideration with our fuel pump, which is absolutely appropriate with e-fuels such as green ammonia and methanol. In this fashion, we address shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a new strategy and a target of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to fuel pumps for LNG, LPG and future artificial e-fuels, Svanehøj sees nice potential in developing pump solutions for the infrastructure to be constructed round Power-to-X and carbon seize and storage (CCS).
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