Record order consumption for Svanehøj

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 report set in 2014.
2021 has been a report yr for Svanehøj.
Svanehøj’s patented DW fuel pump solution is amongst the primary growth drivers. The pump was introduced to the market in 2015 and can account for almost 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s fuel pump sales quadrupled on 2020, with new orders unfold extensively across sectors.
“We see a big increase in orders of gasoline pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, ราคาเพรสเชอร์เกจ have obtained a very giant variety of orders for LPG carriers, where we provide pump systems for each cargo and gas,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump systems for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an agreement with a Japanese FGSS supplier on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that many of the ships to be built within the coming years will be constructed to run on LNG. Therefore, we expect additional development on this section,” mentioned Kringelholt Nielsen.
“At the same time, a market 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 gasoline pump, which is totally appropriate with e-fuels such as green ammonia and methanol. In this fashion, we address shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” said Kringelholt Nielsen.
Svanehøj has started 2022 with a brand new strategy and a goal 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 round Power-to-X and carbon seize and storage (CCS).
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