The Danish pump specialist Svanehøj expects to submit an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous record set in 2014.
2021 has been a document year for Svanehøj.
Svanehøj’s patented DW gasoline pump resolution is one of the major progress drivers. The pump was introduced to the market in 2015 and will account for nearly 30% of total 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 enhance in orders of gasoline pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have received a very massive number of orders for LPG carriers, where we supply pump techniques 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 fuel pump systems for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an settlement with a Japanese FGSS supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“ pressure gauge see clear indications that lots of the ships to be built in the coming years will be built to run on LNG. Therefore, we anticipate additional development on this segment,” mentioned Kringelholt Nielsen.
“At the same time, a marketplace for new fuel types will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this into consideration with our gas pump, which is totally appropriate with e-fuels such as green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has began 2022 with a new strategy 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 artificial e-fuels, Svanehøj sees great potential in creating pump options for the infrastructure to be built around Power-to-X and carbon capture and storage (CCS).