The Danish pump specialist Svanehøj expects to publish an all-time excessive order intake 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 likely certainly one of the primary development drivers. The pump was launched to the market in 2015 and will account for nearly 30% of whole orders in 2021.
CEO Søren digital pressure gauge said the company’s fuel pump sales quadrupled on 2020, with new orders unfold widely across sectors.
“ ไดอะแฟรม see a big enhance in orders of gas pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve obtained a really large number of orders for LPG carriers, the place we supply pump systems for both cargo and gasoline,” stated Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump methods for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an settlement with a Japanese FGSS supplier on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be constructed within the coming years will be constructed to run on LNG. Therefore, we expect additional growth in this segment,” said Kringelholt Nielsen.
“At the same time, a marketplace for new gas types 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 absolutely suitable with e-fuels similar to green ammonia and methanol. In this fashion, we tackle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a brand new technique 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 synthetic e-fuels, Svanehøj sees nice potential in growing pump solutions for the infrastructure to be constructed round Power-to-X and carbon seize and storage (CCS).
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