The Danish pump specialist Svanehøj expects to publish an all-time high order consumption of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous document set in 2014.
2021 has been a record year for Svanehøj.
Svanehøj’s patented เกจวัดอาร์กอน is likely considered one of the major progress drivers. The pump was introduced to the market in 2015 and will account for nearly 30% of whole orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s fuel pump gross sales quadrupled on 2020, with new orders unfold broadly across sectors.
“We see a big improve in orders of gasoline pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve obtained a really massive variety of orders for LPG carriers, the place we provide pump systems 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 gas pump systems for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an agreement with a Japanese FGSS supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be built within the coming years will be built to run on LNG. Therefore, we expect additional development on this segment,” said Kringelholt Nielsen.
“At the identical time, a marketplace for new gasoline 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 absolutely appropriate with e-fuels corresponding to green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump answer. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a model new strategy and a target of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to gas pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees great potential in developing pump options for the infrastructure to be constructed around Power-to-X and carbon seize and storage (CCS).
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