crnogorska plovidba

Crnogorska Plovidba !full! Instant

Crnogorska Plovidba AD Kotor, a state-owned shipping company in Montenegro, has recently faced a severe financial crisis that has led to the effective dismantling of its fleet. Recent Fleet Liquidation

Ako želite, pripremim prilagođenu rutu na osnovu datuma polaska, tipa plovila i broja osoba.

The company operates as a joint-stock company primarily owned by the state (approximately 66%) and a pool of private investment funds from Norway and Germany (34%). Financial analysts note that the company is "low debt, high liquidity." However, the stock is often illiquid—shares are held, not traded. The dividend yield fluctuates wildly based on the Baltic Dry Index (BDI), which tracks global shipping costs. crnogorska plovidba

8. Recent Developments (Last 2–3 years)

  • 2022: Avoided Russian/Ukrainian cargoes due to sanctions and war risks.
  • 2023: Sold one older vessel and acquired one younger secondhand Supramax.
  • 2024: Continued focus on grain and coal trades from South America to Mediterranean/Asia.
  • ESG focus: Implementing EEXI and CII compliance (carbon intensity) for existing fleet.

contracts. Recent reports indicate the "Dvadesetprvi Maj" was chartered to the company "Oldendorf" for a period of six to nine months. Legal & Finance

These vessels were used to transport bulk cargoes such as grain, coal, and minerals worldwide. However, the company has faced significant operational challenges, including recent technical issues with the Crnogorska Plovidba AD Kotor , a state-owned shipping

Crnogorska Plovidba AD: The Backbone of Montenegro’s Merchant Fleet

1. Company Overview

Crnogorska Plovidba AD (Montenegrin: Crnogorska plovidba – literally “Montenegrin Shipping”) is the leading dry bulk carrier shipping company in Montenegro. Headquartered in the coastal city of Bar, the company has been a cornerstone of the country’s maritime industry for decades.

In 2021, the company reported a net profit of over €4 million, a dramatic turnaround from near-zero profits in the previous decade. However, by 2023–2024, as supply chains normalized and fuel costs rose, profits stabilized at moderate levels. 2022: Avoided Russian/Ukrainian cargoes due to sanctions and

The Founding Era: Building a Fleet from Scratch

The story of Crnogorska Plovidba begins in 1945, in the immediate aftermath of World War II. As part of the former Yugoslavia, Montenegro (then a republic) sought to utilize its natural advantage—the deep-water port of Bar. Officially established in 1945, the company started with a modest fleet of captured or salvaged vessels.