Crnogorska Plovidba -

: To avoid immediate bankruptcy, the Montenegrin government proposed leasing the vessels to a local peer, Barska Plovidba, to generate cash flow for loan repayments. Corporate Information & Transparency Crnogorska Plovidba v. Global American Transport LLC

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

The company has been embroiled in international arbitration, recently winning an award in the Crnogorska Plovidba v. Global American Transport LLC case regarding fuel overconsumption and voyage delays. : To avoid immediate bankruptcy, the Montenegrin government

The company was founded with the ambition of returning Montenegro to the international shipping market. Its operations centered on two bulk carriers, both built at the in China and delivered in 2012: MV Kotor : A 35,000 DWT "Handy" type vessel. MV 21. Maj : Identical sister ship, also 35,000 DWT. 000 DWT "Handy" type vessel.

Crnogorska plovidba was established in the early 21st century with the strategic goal of nationalizing the maritime transport sector, which had seen a decline following the breakup of Yugoslavia. Its creation was a deliberate effort by the government to own and operate its own fleet, reducing dependency on foreign shippers and creating jobs for Montenegrin seafarers. As a joint-stock company listed on the Montenegrin stock exchanges, it represents a key asset in the country's blue economy. Fleet and Operations