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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 earlier document set in 2014.
2021 has been a report 12 months for Svanehøj.
Svanehøj’s patented ไดอะแฟรม is among the primary growth drivers. The pump was launched to the market in 2015 and will account for nearly 30% of whole orders in 2021.
CEO Søren Kringelholt Nielsen stated the company’s fuel pump gross sales quadrupled on 2020, with new orders spread extensively throughout sectors.
“We see a significant improve 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 techniques for each cargo and gasoline,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two vital orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump techniques for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an settlement with a Japanese FGSS provider on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that many of the ships to be constructed in the coming years shall be built to run on LNG. Therefore, we expect additional progress in this phase,” mentioned Kringelholt Nielsen.
“At the identical time, a marketplace 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 appropriate with e-fuels such as green ammonia and methanol. In this fashion, we tackle shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” said Kringelholt Nielsen.
Svanehøj has began 2022 with a 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 artificial e-fuels, Svanehøj sees nice potential in developing pump solutions for the infrastructure to be constructed round Power-to-X and carbon seize and storage (CCS).
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