Record order intake for Svanehøj

The Danish pump specialist Svanehøj expects to submit an all-time excessive order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous report set in 2014.
2021 has been a document year for Svanehøj.
Svanehøj’s patented DW gas pump resolution is probably one of the main growth drivers. The pump was launched to the market in 2015 and will account for nearly 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s gas pump gross sales quadrupled on 2020, with new orders spread broadly throughout sectors.
“We see a major enhance in orders of gas pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, เพรสเชอร์เกจลม have obtained a very large number of orders for LPG carriers, the place we supply pump methods 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 gasoline pump techniques for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an settlement with a Japanese FGSS supplier on fuel 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 shall be built to run on LNG. Therefore, we anticipate additional development in this segment,” said Kringelholt Nielsen.
“At the identical time, a market for new fuel varieties 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 appropriate with e-fuels corresponding to green ammonia and methanol. In this manner, we tackle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” stated 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 artificial e-fuels, Svanehøj sees nice potential in developing pump options for the infrastructure to be built round Power-to-X and carbon capture and storage (CCS).
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