The Danish pump specialist Svanehøj expects to publish an all-time excessive order consumption 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 เกจวัดแรงดันลมขนาดเล็ก is among the main growth drivers. The pump was launched to the market in 2015 and can account for almost 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s gasoline pump gross sales quadrupled on 2020, with new orders spread broadly across sectors.
“We see a significant increase in orders of gas pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve acquired a very massive number of orders for LPG carriers, where we supply pump techniques for each cargo and gas,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two vital orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump systems for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an agreement with a Japanese FGSS supplier on gas pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be constructed within the coming years will be built to run on LNG. Therefore, we expect further progress on this section,” stated Kringelholt Nielsen.
“At the same time, a market for new fuel types will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this under consideration with our gasoline pump, which is absolutely compatible with e-fuels similar to green ammonia and methanol. In this fashion, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has started 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 nice potential in creating pump options for the infrastructure to be constructed around Power-to-X and carbon capture and storage (CCS).
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