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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 12 months for Svanehøj.
Svanehøj’s patented DW fuel pump resolution is considered one of the primary 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 said the company’s fuel pump sales quadrupled on 2020, with new orders spread broadly throughout sectors.
“We see a significant enhance in orders of gasoline pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, diaphragm seal have received a really large variety of orders for LPG carriers, the place we supply pump techniques for both cargo and fuel,” stated Kringelholt Nielsen.
During 2021, Svanehøj secured two significant 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 agreement with a Japanese FGSS provider on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that most of the ships to be built in the coming years will be built to run on LNG. Therefore, we anticipate further progress on this segment,” stated Kringelholt Nielsen.
“At the identical time, a marketplace for new gasoline varieties 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 compatible with e-fuels corresponding to green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a new technique 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 synthetic e-fuels, Svanehøj sees nice potential in developing pump options for the infrastructure to be constructed round Power-to-X and carbon capture and storage (CCS).
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