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Svaneh øj Acquires Wärtsilä Tank Control Systems

marinesalvage by marinesalvage
October 3, 2021
in News
0
Svaneh øj Acquires Wärtsilä Tank Control Systems

Svaneh øj Acquires Wärtsilä Tank Control Systems

By MI News Network|In: Shipping News|Last Updated on September 17, 2021

With its 2nd purchase in much less than a year, Svaneh øj broadens its OEM tasks as well as includes brand-new abilities to its quickly expanding solution division for gas vessels. Gas is an essential component of the lasting power system of the future, as well as Svaneh øj needs to be a considerable gamer in the worth chain that makes certain the supply of gas at an international degree.

This is the vision of the Danish gas pump professional, which is currently placing its words right into activity via the purchase of Wärtsilä Tank Control Systems (TCS), which uses greater than 50 individuals in the UK, Singapore, as well as France.

The purchase of Wärtsilä TCS, traditionally called Whessoe, brings Svaneh øj one-of-a-kind abilities in the manufacturing, sale, as well as solution of premium dimension systems for gas containers on LNG ships as well as land-based LNG centers.

Aerial View of Oil Refinery and Fuel Storage Tanks

Image Credits: Svaneh øj

“Gas is one of the biggest driving forces in the green transition. Liquefied natural gasses such as LNG and LPG are already cleaner alternatives to oil and coal today. And with Power-to-X, we will see green electricity from solar power and wind converted into climate-friendly fuel for aircraft, ships, lorries and industry in a few years. The acquisition of Wärtsilä TCS is an expression of our desire to make Svanehøj a globally leading specialist in producing and servicing equipment for handling all types of liquefied gas – natural gas, biogas and not least the Power-to-X-based fuel of the future”, claims Chief Executive Officer of Svaneh øj, Søren Kringelholt Nielsen.

Access to 500 LNG ships

The purchase of Wärtsilä TCS opens up brand-new, amazing chances for Svaneh øj’s quickly expanding solution organization, which has nearly tripled its profits considering that 2018. Svaneh øj is currently a leading company of freight system solution for LPG vessels, as well as the intent is to make use of the purchase to attain a comparable setting within the bigger LNG ship section.

“With this acquisition, Svanehøj will now be the preferred service provider for about 500 LNG vessels with tank measurement systems from Wärtsilä TCS. Once on board, it will be attractive for many customers to consolidate their service jobs and make use of our competencies within servicing pumps, compressors, valves, and instrumentation,” claims Morten Christian Larsen, Director, Service & & Aftersales, at Svaneh øj.

With the purchase, he will certainly lead a solution division with greater than 70 staff members as well as tasks in Denmark, UK, China, as well asSingapore With a predicted rise in task of originally 30-40%, the strategy is to utilize extra personnel to sustain the workplaces in Denmark as well as Singapore.

New land-based department based in France

As component of the purchase of Wärtsilä TCS, a brand-new independent service for land-based tasks will certainly be developed. The service will certainly be based in Calais, France, where Wärtsilä TCS presently generates dimension systems for land-based LNG systems.

“Land- based service has actually not been an emphasis location at Svaneh øj up till this factor. But it is a solid enhance to our existing service as it sustains our function of adding to a cleaner globe. And there is no question that the demand for gas systems as well as options will certainly enhance both ashore as well as mixed-up in the coming years, claims Søren Kringelholt Nielsen.

The purchase of Wärtsilä TCS is Svaneh øj’s 2nd in much less than 8 months. In November in 2014, Svaneh øj took control of the solution professional REQUIRETechnology Marine Equipment Service Following one of the most current purchase, Svaneh øj Denmark uses about 230 individuals as well as has tasks in Denmark, the United Kingdom, France, Singapore, China, as well as Japan.

Closing of the purchase undergoes fulfilment of closing problems.




Source of This New

Tags: Acquisitionwartsila
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