The Danish pump specialist Svanehøj expects to post an all-time excessive order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier document set in 2014.
2021 has been a record 12 months for Svanehøj.
Svanehøj’s patented DW gasoline pump answer is considered one of the primary progress drivers. The pump was introduced 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 improve in orders of fuel pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, pressure gauge have received a very large number of orders for LPG carriers, the place we provide pump methods for each cargo and gas,” stated Kringelholt Nielsen.
During digital pressure gauge , Svanehøj secured two significant 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 agreement with a Japanese FGSS supplier on gas 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 will be built to run on LNG. Therefore, we count on further growth in this segment,” said Kringelholt Nielsen.
“At the identical time, a market for new gas types will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this under consideration with our gasoline pump, which is absolutely suitable with e-fuels such as green ammonia and methanol. In this fashion, we handle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has began 2022 with a new technique and a goal 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 great potential in creating pump options for the infrastructure to be built round Power-to-X and carbon seize and storage (CCS).
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