{"id":29066,"date":"2022-02-03T20:00:02","date_gmt":"2022-02-03T17:00:02","guid":{"rendered":"https:\/\/www.al-sindbad.net\/svanehoj-takes-over-wartsila-tank-control-systems\/29066\/"},"modified":"2022-02-03T20:00:02","modified_gmt":"2022-02-03T17:00:02","slug":"svanehoj-takes-over-wartsila-tank-control-systems","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/svanehoj-takes-over-wartsila-tank-control-systems\/29066\/","title":{"rendered":"Svaneh\u00f8j Takes Over W\u00e4rtsil\u00e4 Tank Control Systems"},"content":{"rendered":"<p><\/p>\n<div itemprop=\"text\">\n<p>Danish marine pump specialist Svaneh\u00f8j has established Svaneh\u00f8j France \u2013 a new independent business for production, sales and service of land-based liquefied natural gas (LNG) tank gauging systems and hydraulic liquefied petroleum gas (LPG) safety valve systems.<\/p>\n<p>Global LNG supply could reach 449 million tons by 2025, up 23% from 2020, and this will indeed increase the need for liquefied gas storage in the coming years.<\/p>\n<p>Marine pump specialist Svaneh\u00f8j sees great potential in this market and therefore entered into an agreement to take over W\u00e4rtsil\u00e4 Tank Control Systems (TCS). The company is engaged in the production, sale, and service of high-end gauging systems for both LNG plants and terminals as well as LNG carriers.<\/p>\n<p>The acquisition has just been approved by the French authorities. As a result, Svaneh\u00f8j is establishing a new independent business unit for land-based activities in Calais, France, where TCS currently has a production facility.<\/p>\n<p>The new company will be named Svaneh\u00f8j France, and Morten Christian Larsen will take the position as Director of almost 40 employees. He is already Director of Service and Aftersales at Svaneh\u00f8j and will manage the two businesses in parallel.<\/p>\n<p>\u201cWe are acquiring a company that has historically been at the forefront of systems that enhance the safety of liquified gas storage. Svaneh\u00f8j is already a leading specialist in marine fuel and cargo pumps for liquefied gas, and we see obvious synergies in relation to both new sales, service and aftersales, which we will use to good advantage,\u201d Larsen says.<\/p>\n<p>TCS has been owned by W\u00e4rtsil\u00e4 since 2006, but has its roots in Whessoe, a specialist in equipment and systems for cryogenic and low-temperature storage. With the prospect of significantly increased demand for liquefied gas, Svaneh\u00f8j plans to invest in the product line at the Calais factory, which is particularly well known in the industry for its unique turnkey tank gauging solutions. Furthermore, Svaneh\u00f8j sees great potential in using the acquisition as an opportunity to offer pumping solutions for LNG terminals on land.<\/p>\n<p>Svaneh\u00f8j pursues an overall strategy to support a fast and complete transition to zero-carbon maritime fuels, regardless of propellant. Already today, Svaneh\u00f8j&#8217;s deepwell fuel pump solution is fully compatible with e-fuels such as green ammonia, methanol, and hydrogen. A focus area in the new Svaneh\u00f8j France will therefore be to develop gauging systems for zero carbon fuels for both marine and land-based applications.<\/p>\n<p>\u201cThe market for high-end liquefied gas handling equipment is facing strong growth in the coming years. This applies to both natural gas and e-fuels. The establishment of a land-based business is a further step for Svaneh\u00f8j into this market,\u201d says S\u00f8ren Kringelholt Nielsen, CEO at Svaneh\u00f8j.<\/p>\n<p>In addition to the land-based business in Calais, Svaneh\u00f8j also acquires a maritime business with production, sales, and service of measuring systems for LNG vessels. This part of TCS has activities in the U.K. and Singapore and employs 15 people, who will now become part of Svaneh\u00f8j&#8217;s global service business.<\/p>\n<\/p><\/div>\n<p>maritime professional<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Danish marine pump specialist Svaneh\u00f8j has established Svaneh\u00f8j France \u2013 a new independent business for production, sales and service of land-based liquefied natural gas (LNG) tank gauging systems and hydraulic liquefied petroleum gas (LPG) safety valve systems. Global LNG supply could reach 449 million tons by 2025, up 23% from 2020, and this will indeed &hellip;<\/p>\n","protected":false},"author":1,"featured_media":29067,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[],"class_list":["post-29066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=29066"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/29066\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/29067"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=29066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=29066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=29066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}