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The Danish pump specialist Svanehøj expects to publish an all-time excessive order consumption of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous report set in 2014.
2021 has been a document 12 months for Svanehøj.
Svanehøj’s patented DW gas pump answer is doubtless considered one of the main growth drivers. The pump was launched to the market in 2015 and can 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 broadly across sectors.
“We see a big improve in orders of gas pump methods for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, digital pressure gauge have acquired a very giant 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 techniques for 22 Ultra Large Container Vessels. And recently, Svanehøj signed an settlement 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 built in the coming years might be constructed to run on LNG. Therefore, we count on additional growth on this section,” stated Kringelholt Nielsen.
“At the identical time, a market for new gasoline sorts will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this into consideration with our fuel pump, which is fully suitable with e-fuels corresponding to green ammonia and methanol. In this way, we tackle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has began 2022 with a new strategy 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 artificial e-fuels, Svanehøj sees great potential in developing pump solutions for the infrastructure to be built around Power-to-X and carbon seize and storage (CCS).
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