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 document yr for Svanehøj.
Svanehøj’s patented เกจวัดแรงดัน10bar is amongst the main growth drivers. The pump was introduced to the market in 2015 and can account for nearly 30% of whole orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s gasoline pump gross sales quadrupled on 2020, with new orders spread extensively across sectors.
“We see a big increase in orders of gas pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have acquired a really large number of orders for LPG carriers, where we provide pump methods for each cargo and gas,” said 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 lately, 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 most of the ships to be constructed within the coming years shall be constructed to run on LNG. Therefore, we expect additional development in this section,” said 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 into consideration with our gas pump, which is fully compatible with e-fuels similar to green ammonia and methanol. In this manner, we address shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” said Kringelholt Nielsen.
Svanehøj has began 2022 with a new technique 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 creating pump solutions for the infrastructure to be built around Power-to-X and carbon seize and storage (CCS).
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