Record order consumption for Svanehøj

The Danish pump specialist Svanehøj expects to post an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier record set in 2014.
2021 has been a report 12 months for Svanehøj.
Svanehøj’s patented DW fuel pump answer is amongst the major growth drivers. The pump was launched to the market in 2015 and can account for nearly 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s fuel pump sales quadrupled on 2020, with new orders unfold broadly throughout sectors.
“We see a significant improve in orders of gasoline pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have acquired a really large variety of orders for LPG carriers, the place we provide pump techniques for each cargo and gas,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two significant orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump systems for 22 Ultra Large Container Vessels. And recently, 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 lots of the ships to be constructed within the coming years will be constructed to run on LNG. Therefore, pressure gauge count on further growth on this phase,” said Kringelholt Nielsen.
“At the identical time, a marketplace for new gas types will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this into consideration with our gasoline pump, which is absolutely compatible with e-fuels corresponding to green ammonia and methanol. In this fashion, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has began 2022 with a brand 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 great potential in developing pump solutions for the infrastructure to be built round Power-to-X and carbon capture and storage (CCS).
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