The Danish pump specialist Svanehøj expects to post an all-time high order consumption 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 solution is one of the main development drivers. weksler ea14 was introduced to the market in 2015 and will account for almost 30% of complete orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s gas pump gross sales quadrupled on 2020, with new orders unfold extensively throughout sectors.
“We see a significant enhance in orders of fuel pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve obtained a very large variety of orders for LPG carriers, the place we provide pump techniques for each cargo and gasoline,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump methods for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an settlement 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 constructed to run on LNG. Therefore, we count on further progress in this segment,” mentioned Kringelholt Nielsen.
“At the identical time, a marketplace for new gasoline types will emerge, driven by the large-scale investments in Power-to-X. We have already taken this under consideration with our gas pump, which is fully compatible with e-fuels such as green ammonia and methanol. In this fashion, we tackle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a brand new technique and a goal of doubling its turnover to DKK1 billion (US$152 million) by 2026. In addition to gas pumps for LNG, LPG and future artificial e-fuels, Svanehøj sees nice potential in developing pump options for the infrastructure to be constructed around Power-to-X and carbon seize and storage (CCS).