Record order intake for Svanehøj

The Danish pump specialist Svanehøj expects to post an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous record set in 2014.
2021 has been a record yr for Svanehøj.
Svanehøj’s patented DW gas pump resolution is one of the main progress drivers. The pump was introduced to the market in 2015 and will account for almost 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen stated the company’s fuel pump sales quadrupled on 2020, with new orders unfold broadly throughout sectors.
“We see a major enhance in orders of gasoline pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have obtained a very large variety of orders for LPG carriers, where we supply pump techniques for each cargo and fuel,” 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 supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that most of the ships to be constructed in the coming years might be constructed to run on LNG. Therefore, we count on further progress in this phase,” said 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 into account with our fuel pump, which is absolutely suitable with e-fuels corresponding to green ammonia and methanol. In this way, we address shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” said 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 Lifetime to fuel pumps for LNG, LPG and future synthetic e-fuels, Svanehøj sees nice potential in growing pump options for the infrastructure to be constructed around Power-to-X and carbon seize and storage (CCS).
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