The Costa Concordia shipwreck is one of several reasons why Copenhagen Malmo Port (CMP) expects its first ever decline in the number of cruise guests and calls. Other Baltic Sea ports are also expected to be hit.
After many years with double-digit growth rates the Baltic Sea cruise market looks set to take a breather in 2014. The cruise business accounts for approx. 13-15 percent of Copenhagen Malmo Port’s revenue, and according to COO Cruise and Ferries, Arnt Møller Pedersen, the decline will not be insignificant.
“We predict a 5-10 percent decline in guests and calls in 2014,” he tells ShippingWatch.
This year, 356 cruise ships called in CMP, and a total of 840,000 vacationing guests have visited Copenhagen and Malmo, but next year the entire Baltic Sea region will feel the effect of several factors weighing down the combined cruise market.
Costa Concordia accident hits Baltic Sea ports Shipping Watch