PG Flow Solutions pumps selected for newbuild wellboats

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 earlier document set in 2014.
2021 has been a record 12 months for Svanehøj.
Svanehøj’s patented DW gas pump resolution is amongst the primary growth 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 gas pump sales quadrupled on 2020, with new orders unfold broadly throughout sectors.
“We see a big increase in orders of gasoline pump systems for LNG-fuelled boxships, cruise ships and PCTC vessels. Furthermore, we now have acquired a very large variety of orders for LPG carriers, the place we supply pump techniques for each cargo and fuel,” mentioned Kringelholt Nielsen.
During 2021, Svanehøj secured two important orders from Samsung Heavy Industries and Daewoo Shipbuilding & Marine Engineering for LNG fuel pump methods for 22 Ultra Large Container Vessels. And just lately, Svanehøj signed an settlement with a Japanese FGSS supplier on fuel pumps for six LNG-fuelled Pure Care and Truck Carriers.
“We see clear indications that lots of the ships to be constructed in the coming years shall be built to run on LNG. Therefore, we anticipate additional development on this phase,” mentioned Kringelholt Nielsen.
“At Untold , a marketplace for new gas varieties 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 absolutely compatible with e-fuels similar to green ammonia and methanol. In this fashion, we tackle shipowners’ uncertainty with a future-proof pump resolution. Regardless of the propellant,” stated Kringelholt Nielsen.
Svanehøj has started 2022 with a 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 synthetic e-fuels, Svanehøj sees great potential in creating pump options for the infrastructure to be constructed round Power-to-X and carbon capture and storage (CCS).
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