The Danish pump specialist Svanehøj expects to submit 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 12 months for Svanehøj.
Svanehøj’s patented DW fuel pump resolution is amongst the main growth drivers. The pump was launched to the market in 2015 and will account for nearly 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen stated the company’s fuel pump sales quadrupled on 2020, with new orders unfold broadly across sectors.
“We see a significant enhance in orders of fuel pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have obtained a really giant number of orders for LPG carriers, the place we provide pump systems for each cargo and gas,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two vital orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gasoline pump methods for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an settlement with a Japanese FGSS supplier on gas pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that most of the ships to be constructed within the coming years will be constructed to run on LNG. Therefore, we expect 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 into account with our gas pump, which is totally compatible with e-fuels corresponding to green ammonia and methanol. In this fashion, we address shipowners’ uncertainty with a future-proof pump solution. Regardless of pressure gauge 2.5 นิ้ว ,” mentioned 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 creating pump solutions for the infrastructure to be constructed around Power-to-X and carbon capture and storage (CCS).
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