!!hot!! - Crnogorska Plovidba

: The company remains a priority for the Ministry of Maritime Affairs, which views its survival as essential for maintaining maritime infrastructure and protecting the status of Montenegrin seafarers.

The company owes approximately €36.2 million to the Government of Montenegro.

As of late 2025, the company has moved to sell its only two vessels to address mounting debts:

Dan 4 — Budva → Kotor (≈20–30 NM) crnogorska plovidba

Dan 3 — Bar → Budva (≈25–30 NM)

. Founded in 2003 by the Government of Montenegro, which holds 99.97% ownership, the company was established to manage a fleet of bulk carriers and compete in the open maritime market. Crnogorska Plovidba A.D. Kotor Fleet and Operations

Crnogorska Plovidba plays a significant role in the maritime education ecosystem of Montenegro. Crnogorska Plovidba A.D. Kotor : The company remains a priority for the

of their recent quarterly reports or more information on their charter history Crnogorska Plovidba A.D. Kotor

(Udaljenosti su približne; birajte rute prema vremenskoj prognozi i stanju mora.)

: Investigative reports from outlets like Vijesti highlighted that the company hired a relatively unknown law firm, VRD Legal , to handle the fleet sale—a firm that reportedly had no verifiable prior experience in maritime law and was not formally listed in standard registers at the time of hiring. Founded in 2003 by the Government of Montenegro,

The company competes regionally with Croatian, Greek, Turkish, and Ukrainian bulk operators.

[Crnogorska Plovidba] ── Fleet Sale ($13.2M) ──► [K/S Navision Group (Denmark)] │ (M/V Kotor & M/V 21. Maj) ▼ Transition to Shore-Based Operations / Debt Restructuring