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 report yr for Svanehøj.
Svanehøj’s patented DW gas pump solution is certainly one of the major development drivers. The pump was launched to the market in 2015 and can account for nearly 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s fuel pump sales quadrupled on 2020, with new orders spread extensively throughout sectors.
“We see a major increase in orders of fuel pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have acquired a very giant number of orders for LPG carriers, where we provide pump methods for both cargo and fuel,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two vital orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump methods for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an settlement with a Japanese FGSS supplier on gas pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that many of the ships to be constructed in the coming years shall be constructed to run on LNG. Therefore, หลักการทํางานของpressuregauge anticipate further progress in this section,” mentioned Kringelholt Nielsen.
“At the same time, a market for new gas sorts will emerge, driven by the large-scale investments in Power-to-X. We have already taken this under consideration with our fuel pump, which is absolutely 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,” said 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 gas pumps for LNG, LPG and future artificial e-fuels, Svanehøj sees nice potential in growing pump options for the infrastructure to be built round Power-to-X and carbon capture and storage (CCS).
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