Gas Processing & LNG is Produced by Gulf Publishing Holdings LLC



Svanehøj wins fuel pump order for 15 LNG dual-fuel container vessels

Svanehøj is experiencing a significant increase in orders for deepwell fuel pumps. A large new order from Jiangsu New Yangzi Shipbuilding highlights the significant LNG pump potential in the ocean-going vessel segments. 

Svanehøj Press Photo Container Vessel 032022

Orders for dual-fuel LNG vessels broke all records in 2021 with a total of 240 ships globally. That is more than the previous four years combined and growth looks set to continue unabated in 2022. According to data from classification society DNV, orders for 56 dual-fuel LNG vessels have been placed in January and February. 

This change in demand has created quite a buzz at Svanehøj. The Danish marine pump specialist quadrupled sales of its patented deepwell fuel pumps in 2021, and there are many indications that sales may increase even further in 2022. 

Svanehøj has just secured an order for fuel pump systems for 15 dual-fuel LNG container vessels (7,000 TEU), which are to be built at Jiangsu New Yangzi Shipbuilding. The total of 30 deepwell fuel pumps will be delivered from August 2022 to January 2024. The order is among Svanehøj's largest relating to LNG fuel to date. It is the second time within the last year that this customer has chosen Svanehøj as the supplier of LNG fuel pump systems. In July 2021, they signed a contract for deepwell pumps for 10 dual-fuel LNG container vessels (15,000 TEU). 

“Until a few years ago, the use of LNG as a marine fuel was limited to LNG carriers and smaller ships. But we are now seeing a sharp increase in fuel pump orders for deep sea vessels such as container ships and car carriers. We were chosen as the supplier of fuel pump systems for over 50% of the dual-fuel LNG container vessels ordered globally in 2020-21. And we aim to increase our market share further in the coming years”, says Johnny Houmann, Chief Sales Officer, Svanehøj. 

To support the green transition of the maritime industry, Svanehøj is currently investing more than DKK 10 MM in upgrading its production facilities in Denmark. A new factory layout with manufacturing cells and robotics will support Svanehøj's growth strategy and reduce lead times for all products. 

“We have made a strategic decision to implement lean manufacturing. By rethinking our processes, we expect to increase productivity and capacity by up to 50%,” said Mikkel Bülow Bundgaard Sørensen, Lean Specialist, Svanehøj. 

Svanehøj has entered 2022 with a new strategy and a target of doubling its turnover to DKK 1 B ($152 MM) before the end of 2026. In addition to fuel pumps for LNG, LPG and carbon-neutral fuels, Svanehøj sees potential in developing pump solutions for the infrastructure to be built around power-to-x and CCS.


Copyright © 2019. All market data is provided by Barchart Solutions. Futures: at least a 10 minute delay. Information is provided 'as is' and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.

                                  CMEGroup                                     Icelogo

FEATURED COLUMNS

Editorial Comment
-Lee Nichols
Modern society would not be possible without the use of pipelines to transport natural gas, crude oil and finished products to demand centers.


Optimizing Gas Distribution: Accounting for Changeovers, Regulators, and More

Register Now

Gas distribution systems are critical to the effective operation of many industrial facilities around the world. Despite the importance of these systems, however, opportunities to improve their performance and cost-effectiveness are often missed or misunderstood. Increasing changeover pressure may seem like a good way to improve system flow, for example, but it often does so at the expense of bottled gas. Adding regulators may help you control supply pressure, but it also adds cost to your system. So, how do you know what the ideal gas distribution setup is for you?

Attend this webinar to:

  • Gain a basic understanding of the fluid dynamics that affect pressure control in gas distribution systems, learning to interpret flow curves and recognize phenomena like lockup, droop, and supply pressure effect (SPE)
  • Learn how inlet pressure affects regulator performance and when to specify certain regulator types and configurations to effectively control gas system pressures

Understand the inherent trade-offs between gas utilization and flow capacity and how to select both the right changeover pressure and automatic changeover panel design for your operations.

May 4, 2021 10:00 AM CDT

Register Now

 

Please read our Term and Conditions, Cookies Policy, and Privacy Policy before using the site. All material subject to strictly enforced copyright laws.
© 2022 Gulf Publishing Holdings LLC.