Record order intake for Svanehøj

The Danish pump specialist Svanehøj expects to submit an all-time excessive order consumption of DKK750 million–DKK800 million for 2021, up 50% on the company’s previous record set in 2014.
2021 has been a document year for Svanehøj.
Svanehøj’s patented DW gas pump solution is amongst the major development 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 mentioned the company’s gas pump gross sales quadrupled on 2020, with new orders unfold broadly across sectors.
“We see a major improve in orders of fuel pump techniques for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have acquired a very massive variety of orders for LPG carriers, the place we provide pump systems for both cargo and gas,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two significant orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump systems for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an agreement with a Japanese FGSS supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
Invitation only see clear indications that lots of the ships to be built within the coming years will be built to run on LNG. Therefore, we count on additional growth in this segment,” said Kringelholt Nielsen.
“At the identical time, a marketplace for new fuel varieties will emerge, pushed by the large-scale investments in Power-to-X. We have already taken this into account with our fuel pump, which is totally compatible with e-fuels similar to green ammonia and methanol. In this manner, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” mentioned Kringelholt Nielsen.
Svanehøj has started 2022 with a model new strategy 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 great potential in creating pump solutions for the infrastructure to be built round Power-to-X and carbon seize and storage (CCS).
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