The Danish pump specialist Svanehøj expects to submit an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier report set in 2014.
2021 has been a record yr for Svanehøj.
Svanehøj’s patented DW fuel pump answer is likely one of the main growth drivers. The pump was introduced to the market in 2015 and can account for nearly 30% of whole orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s fuel pump gross sales quadrupled on 2020, with new orders unfold widely across sectors.
“We see a major enhance in orders of gasoline pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, digital pressure gauge received a really massive number of orders for LPG carriers, the place we provide pump techniques for each cargo and fuel,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gasoline pump techniques for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an agreement with a Japanese FGSS provider on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that most of the ships to be built within the coming years might be constructed to run on LNG. Therefore, we expect further development in this section,” stated Kringelholt Nielsen.
“At the identical time, a marketplace for new fuel sorts will emerge, driven by the large-scale investments in Power-to-X. We have already taken this under consideration with our gasoline pump, which is fully suitable with e-fuels such as green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” said 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 gas pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees nice potential in developing pump options for the infrastructure to be constructed round Power-to-X and carbon capture and storage (CCS).
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