Crnogorska Plovidba !!top!! 〈macOS TOP〉
: There is a push to align the fleet with modern environmental standards (Blue Economy) to remain competitive in the European market.
Being a Montenegrin company in NATO (joined 2017) creates friction. For decades, the company had excellent relations with Russian commodity traders. Since the Ukraine war, they have had to sever ties or face secondary sanctions, losing a core segment of their Black Sea revenue. crnogorska plovidba
The company's financial journey was a classic boom-and-bust cycle, heavily dependent on the volatile global shipping market. Its first real operational year, 2012, showed promise, delivering a pre-tax profit of €243,869. The following years were turbulent. By 2014, half-year profits had been cut in half due to a 42% drop in operating income. The company ended 2015 with a loss of €4.9 million. For nearly a decade, Crnogorska plovidba navigated these treacherous waters, often with multimillion-dollar losses. : There is a push to align the
: Upgrading existing propulsion and fuel management systems to comply with stricter IMO regulations on carbon intensity indices (CII). Since the Ukraine war, they have had to
Experts and seafarers were outraged, claiming the vessels were sold far below their real market value. Janko Milutin from the Association of Sea Captains of Montenegro stated that the ships were sold for millions of dollars below the market price, noting that similar vessels were commanding prices of around 11 million dollars per unit, while Kotor fetched only $5.75 million and the better-maintained 21. Maj went for $7.5 million.
The history of Montenegrin navigation dates back to the 10th century, when the country's coastal towns, such as Kotor and Budva, emerged as major trading centers. The Montenegrins developed a strong maritime tradition, with sailors and shipbuilders playing a crucial role in the country's economy. Over the centuries, crnogorska plovidba has been influenced by various cultures, including the Venetians, Austrians, and Ottomans, each leaving their mark on the country's maritime heritage.