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 report set in 2014.
2021 has been a report yr for Svanehøj.
Svanehøj’s patented DW gasoline pump answer is certainly one of the major progress drivers. The pump was launched to the market in 2015 and will account for nearly 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s gasoline pump gross sales quadrupled on 2020, with new orders unfold extensively throughout sectors.
“We see a big increase in orders of fuel pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have obtained a very massive number of orders for LPG carriers, where we supply pump systems for each cargo and fuel,” said Kringelholt Nielsen.
During pressure gauge , Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump methods for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an agreement with a Japanese FGSS supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that most of the ships to be constructed in the coming years will be built to run on LNG. Therefore, we count on further growth in this phase,” stated Kringelholt Nielsen.
“At the same time, a market 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 gas pump, which is fully suitable with e-fuels corresponding to green ammonia and methanol. In this way, we tackle shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a model 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 constructed round Power-to-X and carbon capture and storage (CCS).
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