Record order intake for Svanehøj

The Danish pump specialist Svanehøj expects to publish an all-time excessive order consumption of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier document set in 2014.
2021 has been a report year for Svanehøj.
Svanehøj’s patented DW gasoline pump resolution is among the main progress drivers. The pump was introduced to the market in 2015 and will account for almost 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s fuel pump sales quadrupled on 2020, with new orders unfold broadly throughout sectors.
“We see a significant increase in orders of gasoline pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have received a very massive variety of orders for LPG carriers, where we supply pump systems for both cargo and gasoline,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two significant orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gasoline pump systems for 22 Ultra Large Container Vessels. And just lately, spmk700 signed an agreement with a Japanese FGSS provider on gas pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be constructed in the coming years will be constructed to run on LNG. Therefore, we anticipate additional progress on this segment,” said Kringelholt Nielsen.
“At the identical time, a marketplace for new gas varieties will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this into account with our gasoline pump, which is fully compatible with e-fuels such as green ammonia and methanol. In this way, we address shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has began 2022 with a new technique and a goal 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 creating pump solutions for the infrastructure to be built round Power-to-X and carbon capture and storage (CCS).
Share

Leave a Comment