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 previous report set in 2014.
2021 has been a document year for Svanehøj.
Svanehøj’s patented DW fuel pump answer is doubtless certainly one of the major growth drivers. The pump was introduced to the market in 2015 and will account for almost 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s gas pump gross sales quadrupled on 2020, with new orders unfold broadly throughout sectors.
“We see a big improve in orders of gas pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have acquired a very giant number of orders for LPG carriers, the place we supply pump methods for each cargo and gasoline,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two significant 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 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 built to run on LNG. Therefore, we count on further development in this phase,” stated Kringelholt Nielsen.
“At the same time, a marketplace for new gasoline types will emerge, driven by the large-scale investments in Power-to-X. We have already taken this under consideration with our gasoline pump, which is fully appropriate with e-fuels similar to green ammonia and methanol. In this way, we address shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has began Hidden with a new technique and a goal of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to gasoline pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees great potential in growing pump options for the infrastructure to be constructed around Power-to-X and carbon seize and storage (CCS).
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