The Danish pump specialist Svanehøj expects to submit 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 yr for Svanehøj.
Svanehøj’s patented DW gasoline pump solution is amongst the main growth drivers. The pump was launched to the market in 2015 and will account for almost 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s gasoline pump sales quadrupled on 2020, with new orders unfold extensively across sectors.
“We see a major increase in orders of gasoline pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have obtained a very giant number of orders for LPG carriers, the place we supply pump systems for both cargo and gasoline,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump techniques for 22 Ultra Large Container Vessels. And recently, เกจวัดแรงดันน้ำ4หุน signed an agreement with a Japanese FGSS supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that many of the ships to be built in the coming years shall be built to run on LNG. Therefore, we anticipate further growth in this section,” mentioned Kringelholt Nielsen.
“At the identical time, a marketplace for new gasoline types will emerge, driven by the large-scale investments in Power-to-X. We have already taken this into consideration with our gas pump, which is fully compatible with e-fuels similar to green ammonia and methanol. In this way, we tackle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated 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 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 built around Power-to-X and carbon capture and storage (CCS).
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