Record order consumption for Svanehøj

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 record 12 months for Svanehøj.
Svanehøj’s patented DW fuel pump answer is amongst the main development drivers. The pump was introduced to the market in 2015 and can account for nearly 30% of total orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s fuel pump sales quadrupled on 2020, with new orders unfold extensively across sectors.
“We see a significant improve in orders of gas pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we’ve received a really large number of orders for LPG carriers, where we supply pump methods for each cargo and gas,” stated 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 gas 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 will be built to run on LNG. Therefore, we expect additional growth in this phase,” mentioned Kringelholt Nielsen.
“At the same time, a market for new gasoline varieties will emerge, driven by the large-scale investments in Power-to-X. We have already taken this into consideration with our fuel pump, which is fully compatible with e-fuels such as green ammonia and methanol. In Moneyback , we handle shipowners’ uncertainty with a future-proof pump solution. Regardless of the propellant,” said Kringelholt Nielsen.
Svanehøj has began 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 synthetic e-fuels, Svanehøj sees great potential in developing pump options for the infrastructure to be constructed round Power-to-X and carbon capture and storage (CCS).
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