With the prospects for market growth, CMP commenced the invitation for the tender process at the end of 2019 for building a new cruise terminal, with scheduled completion in 2022.
However, due to pandemic's negative impact on the global travel and leisure market, the tender invitation is now cancelled and the new cruise facility is indefinitely postponed.
According to Barbara Scheel Agersnap, CEO of Copenhagen Malmo Port, in Copenhagen forecasts indicated that the 2020 cruise season would be entirely cancelled, followed by uncertainty in the next few years.
She added the new cruise terminal was to confirm the position of Copenhagen as a hub for cruise tourism in northern Europe.
In 2019, the cruise tourism generated total revenues of DKK 735M in the Capital region and engaged around 2,400 full-time employees throughout Denmark, with the majority in Copenhagen.
Once a clearer picture of the development of the industry emerges again, CMP will decide when the process for a new terminal will be relaunched.