This month we are taking you to a port that is covering two countries: Copenhagen Malmö Port (CMP). In what follows, Ms Barbara Scheel Agersnap will take us on a tour through this binational port, talking about the merger of the ports of Copenhagen and Malmö, the cruise business in the port, the relation with the local population and many other interesting topics!
(c) Dennis Rosenfeldt
Can you briefly present Copenhagen Malmö Port? What are its main characteristics and challenges?
Copenhagen Malmö Port (CMP) is a port and terminal operator. In agreement with the port owners in Malmö and Copenhagen we also have the port authority responsibility in the two ports. CMP leases the land that we need for our operations. CMP is a full-service port with a long range of business areas. We are a hub for import and transshipment of new cars in Malmö and for the cruise business in Copenhagen. We are one company, operating in two countries and many of our employees work in both countries.
Our main challenge – besides climate challenge – is that city development in both Copenhagen and Malmö represents a challenge to our business as we need to move some of our activities. It raises our investment needs and our costs.
In recent years, some European ports have merged or intensified cooperation. In this context, the ports of Copenhagen and Malmö were genuine pioneers, as they were the first ports in Europe to merge into one transnational port authority. What was the reason for this merger? What are the main benefits of the merger and what are the main challenges? Do you think that mergers of ports or intensified cooperation between ports will become the new trend in the European port sector?
The merger was carried out together with the opening of the Copenhagen Malmö fixed link, and the ports in Copenhagen and Malmö decided to cooperate to reach a larger market.
The main benefits are the larger organisation and the possibility for customers to make use of one-stop shopping, specialisation and cheaper investments. Our main challenges lie in dealing with different business cultures and different legislations, which means that the administrative savings are lower.
Due to larger challenges for the ports, the merging of some ports may be of benefit, as they will have larger financial possibilities for investments and for getting involved in different business opportunities. But this will be a slow process and only concerns relatively few European ports.
(c) CMP AB
Copenhagen Malmö Port is a hub for the import and handling of new cars in the Baltic Sea Region. How is this business evolving? What are the main challenges?
The new cars handling has reached a proper level of around 350 000 car handlings. The car business is rather land consuming and the port needs to adapt to this. It is quite labour intensive and has busier days and quieter days, which means that you need a flexible labour force.
What are the main investment projects in the Copenhagen Malmö Port for the upcoming years? Could you briefly describe the importance of these investment projects for the port and both cities?
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