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 previous document set in 2014.
2021 has been a document year for Svanehøj.
Svanehøj’s patented DW fuel pump resolution is considered one of the major development drivers. The pump was introduced to the market in 2015 and will account for nearly 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s gasoline pump gross sales quadrupled on 2020, with new orders unfold broadly across sectors.
“We see a major enhance in orders of gasoline pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have acquired a very large variety of orders for LPG carriers, the place we provide pump systems for each cargo and gas,” stated Kringelholt Nielsen.
During 2021, Svanehøj secured two significant 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 built in the coming years might be constructed to run on LNG. Therefore, we expect further progress in this segment,” stated Kringelholt Nielsen.
“At the identical time, a market for new gasoline types will emerge, driven by the large-scale investments in Power-to-X. We have already taken this into account with our gas pump, which is fully appropriate with e-fuels corresponding to green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” stated 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 เกจวัดแรงดัน to fuel pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees great potential in growing pump solutions for the infrastructure to be built round Power-to-X and carbon capture and storage (CCS).
Share