Record order consumption for Svanehøj

The Danish pump specialist Svanehøj expects to publish an all-time high order intake of DKK750 million–DKK800 million for 2021, up 50% on the company’s earlier document set in 2014.
2021 has been a document 12 months for Svanehøj.
Svanehøj’s patented DW gasoline pump solution is certainly one of the major growth drivers. The pump was introduced to the market in 2015 and will account for almost 30% of whole orders in 2021.
CEO Søren Kringelholt Nielsen said the company’s gas pump gross sales quadrupled on 2020, with new orders unfold broadly 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 obtained a very massive variety of orders for LPG carriers, the place we supply pump methods for both cargo and fuel,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two significant orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG gas pump methods for 22 Ultra Large Container Vessels. And lately, Svanehøj signed an agreement with a Japanese FGSS supplier on gasoline pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be built in the coming years will be constructed to run on LNG. Therefore, we count on further growth on this phase,” stated Kringelholt Nielsen.
“At the same time, a market for new gasoline varieties will emerge, driven by the large-scale investments in Power-to-X. เกจ์แรงดัน have already taken this into consideration with our gas pump, which is absolutely compatible with e-fuels similar to green ammonia and methanol. In this fashion, we address 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 target 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 built around Power-to-X and carbon capture and storage (CCS).
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