PG Flow Solutions pumps selected for newbuild wellboats

The Danish pump specialist Svanehøj expects to submit 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 record 12 months for Svanehøj.
Svanehøj’s patented DW gas pump solution is amongst the primary progress drivers. The pump was introduced to the market in 2015 and can account for nearly 30% of whole orders in 2021.
CEO Søren Kringelholt Nielsen mentioned the company’s gasoline pump sales quadrupled on 2020, with new orders unfold extensively across sectors.
“We see a significant increase in orders of gas pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we have acquired a really massive variety of orders for LPG carriers, where we provide pump systems for each cargo and fuel,” said Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump techniques for 22 Ultra Large Container Vessels. And lately, เกจวัดแรงดันแก๊สco2 signed an agreement 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 anticipate further growth in this section,” said 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 account with our gasoline pump, which is fully suitable with e-fuels such as green ammonia and methanol. In this fashion, we handle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated 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 growing pump solutions for the infrastructure to be constructed round Power-to-X and carbon seize and storage (CCS).
Share

Leave a Comment