The municipality of Frederikshavn has decided to take over the operation of Frederikshavn Port, which has been plagued by serious economic problems. This step comes as a necessity to ensure the continued operation and stability of the port. Mayor Birgit S. Hansen announced at a press conference that as of May 15th, the port will become a municipal port. This is due to the fact that the port is facing a critical liquidity crisis, with a lack of funds for further operation. “We see no other way than for the municipality to step in, to ensure that the port can continue its important function for the city and the region,” stated Hansen.
The port, which was previously a municipal self-governing port, has a debt of around 1.6 billion Danish kroner and is facing an expected liquidity shortfall of 120 million kroner in the coming years. This has made it impossible for the port to continue as an independent entity. Additionally, the mayor has initiated a legal investigation to uncover any errors in financial management that may have contributed to the port’s current situation. The results of this investigation are expected to play a central role in future decisions regarding the management and operation of the port.
Frederikshavn Port has long been a vital part of the local economy, and its transition to municipal operation is seen as a last resort to preserve this important infrastructure. The municipality’s takeover marks a new era for the port, with a strong emphasis on restoring economic stability and ensuring a sustainable future.