Copenhagen Malmö Port (CMP) said it was suspending its efforts to establish barge services as an alternative transport route between Malmö and Copenhagen.
CMP said that the decision was based on a weak demand.
The objective was to create a cost-effective transport route by water across the Öresund Strait, resulting in part in environmental gains.
“We firmly believe in this idea, but have to state that CMP has not achieved the volumes we need in order for the investment in barge services to be financially viable,” says Johan Röstin, CEO of Copenhagen Malmö Port .
CMP added that the project might be resumed if demand for barge services across the Öresund Strait increases above its current level.