Crnogorska Plovidba Better

Since 2015, the Montenegrin government has discussed selling its stake in Crnogorska Plovidba. Several international investment funds (from Russia, Ukraine, and the UAE) have shown interest. However, strong resistance comes from the Sailors’ Union of Montenegro, who fear that foreign owners will scrap the vessels and move the flag of convenience to Panama or Liberia, firing local crews.

Crnogorska Plovidba AD Kotor is a state-owned shipping company based in Kotor, Montenegro, primarily involved in international maritime cargo transportation crnogorska plovidba