The Danish pump specialist Svanehøj expects to post an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous report set in 2014.
2021 has been a report year for Svanehøj.
Svanehøj’s patented DW gasoline pump solution is among the primary progress drivers. The pump was introduced to the market in 2015 and can account for almost 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s gas pump gross sales quadrupled on 2020, with new orders unfold extensively throughout sectors.
“We see a major improve in orders of gasoline pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have obtained a very massive variety of orders for LPG carriers, where we supply pump techniques 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 methods for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an agreement with a Japanese FGSS provider on gas pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be constructed in the coming years shall be built to run on LNG. Therefore, we anticipate further growth on this section,” said Kringelholt Nielsen.
“At the identical time, a marketplace for new gas varieties 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 totally appropriate with e-fuels such as green ammonia and methanol. In this way, we handle shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has began 2022 with a new strategy and a target of doubling its turnover to DKK1 billion (US$152 million) by 2026. In เกจวัดแรงดันไฟฟ้า to gasoline pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees great potential in growing pump solutions for the infrastructure to be constructed round Power-to-X and carbon capture and storage (CCS).
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