The Danish pump specialist Svanehøj expects to publish 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 document year for Svanehøj.
Svanehøj’s patented DW gasoline pump resolution is likely certainly one of the primary growth drivers. The pump was introduced to the market in 2015 and can account for nearly 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen stated the company’s gasoline pump gross sales quadrupled on 2020, with new orders unfold extensively across sectors.
“ เกจแรงดันน้ำ see a major increase in orders of fuel pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have acquired a very large number of orders for LPG carriers, the place we provide pump techniques for each cargo and gas,” stated Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump techniques for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an agreement with a Japanese FGSS provider on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that many of the ships to be built within the coming years might be constructed to run on LNG. Therefore, we expect additional growth in this section,” stated Kringelholt Nielsen.
“At the identical time, a market for new gas sorts will emerge, driven by the large-scale investments in Power-to-X. We have already taken this under consideration with our gasoline pump, which is totally suitable with e-fuels such as green ammonia and methanol. In this fashion, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” said 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 fuel pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees great potential in growing pump options for the infrastructure to be built round Power-to-X and carbon seize and storage (CCS).