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 12 months for Svanehøj.
Svanehøj’s patented ไดอะแฟรม ซีล is amongst the primary 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 gas pump gross sales quadrupled on 2020, with new orders unfold widely across sectors.
“We see a significant improve in orders of gas pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have obtained a really large number of orders for LPG carriers, the place we supply pump systems for both cargo and fuel,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two significant orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gasoline pump techniques for 22 Ultra Large Container Vessels. And recently, 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 many of the ships to be built in the coming years shall be built to run on LNG. Therefore, we count on further development on this phase,” mentioned Kringelholt Nielsen.
“At the same time, a market for new gasoline 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 fully compatible with e-fuels corresponding to green ammonia and methanol. In this fashion, we address shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has started 2022 with a brand new strategy and a target of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to gasoline pumps for LNG, LPG and future artificial e-fuels, Svanehøj sees nice potential in creating pump options for the infrastructure to be built round Power-to-X and carbon seize and storage (CCS).
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