ITT Inc.'s Svanehøj Secures Contract for Pumps on Next-Gen Ultra Large Ethane Carriers

Reuters
2025/07/15
<a href="https://laohu8.com/S/ITT">ITT Inc.</a>'s Svanehøj Secures Contract for Pumps on Next-Gen Ultra Large Ethane Carriers

ITT Inc.'s Svanehøj business has secured its first contract to provide flow technology for next-generation Ultra Large Ethane Carriers (ULECs). Under this agreement, Svanehøj will supply deepwell fuel, cargo, and stripping pumps for two ULECs, each with a carrying capacity of 40 million gallons, starting in early 2026 for a prominent European maritime customer. This marks a significant advancement for Svanehøj, which has become a leader in innovative flow technology for the marine sector, particularly in the ethane carrier segment. Svanehøj's pumps, recognized for having electrical components outside the tank for easier maintenance, have set the industry standard for moving ethane. This new contract builds on Svanehøj's successful expansion into the ethane carrier segment since 2019, with all current Very Large Ethane Carriers globally equipped with their pumps.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ITT Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250715780543) on July 15, 2025, and is solely responsible for the information contained therein.

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