Crnogorska Plovidba Extra Quality -
: The government approved the sale of both the Kotor and 21. Maj to the Danish company K/S Navision Group for approximately €11.2 million .
: While the company remained marginally profitable in 2023 with 165,000 euros, this was a sharp decline from the 2.3 million euro profit reported in 2022. Legal Rulings
Montenegro, a small country located in the Balkan Peninsula, boasts a rich maritime history that dates back centuries. The country's strategic location on the Adriatic Sea has made it an important hub for trade, commerce, and cultural exchange. In this blog post, we'll delve into the fascinating world of crnogorska plovidba, or Montenegrin navigation, and explore its significance in shaping the country's identity.
: The original framework intended to capture consistent income through long-term time-charter agreements , maintaining high liquidity to protect the state budget from global shipping recessions. 2. Fleet Profile and the "Handy" Bulk Strategy crnogorska plovidba
: Securing logistics lines and establishing an domestic foundation for the broader "Blue Economy".
Dan 7 — Herceg Novi → Bar (duža etapa ili povratak preko Tivat/Pržno)
[Government of Montenegro: 99.97%] [Employment Agency: 0.03%] │ │ └─────────────────┬────────────────┘ ▼ [Crnogorska Plovidba A.D.] The Historical Core Fleet : The government approved the sale of both the Kotor and 21
In a major turning point, the Montenegrin government recently pivoted away from ship owning: The Transaction : In late 2025, the fleet was sold to the Danish firm Navision Shipping for approximately $13.25 million
Both vessels feature a length of 179.9 meters and a breadth of 28.4 meters. They were designed to transport various bulk cargos, utilizing their size flexibility to dock at ports inaccessible to larger Panamax or Capesize ships. Fleet Structure and Operations
The fall of Crnogorska plovidba offers a cautionary tale of how national maritime assets can be lost through a combination of volatile global markets, high-interest loans, and a lack of strategic support. The "rescue" by the Ministry of Maritime Affairs resulted not in saving the company, but in liquidating it at a fraction of its worth and transferring management to a competitor, leaving the Kotor region without a flagship commercial carrier. Legal Rulings Montenegro, a small country located in
Crnogorska plovidba has had a profound impact on Montenegro's culture, economy, and identity. The country's maritime heritage has:
Dan 2 — Ulcinj → Ada Bojana → Bar (≈20–30 NM)
Crnogorska plovidba a.d. Kotor is more than just a shipping company; it is a vital representation of Montenegro’s ambition to remain a competitive maritime nation. By connecting the small coastal state to global trade routes, it preserves the legacy of the Bokelj sailors while building a modern, sustainable maritime industry. Details on the (like the Kotor or 21. Maj )? A comparison with other companies like Barska Plovidba ? Vlada Crne Gore - GOV.ME
Press release from the 76th Cabinet session - Vlada Crne Gore