NewsParliamentary Committee to hold hearing on sale of Crnogorska Plovidba ships

Parliamentary Committee to hold hearing on sale of Crnogorska Plovidba ships

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The Parliament’s Committee on Economy, Finance, and Budget will hold a consultative hearing on November 17 regarding the sale of ships owned by Crnogorska Plovidba.

Invited to the session are Minister of Maritime Affairs Filip Radulović, Chairman of the Board of Directors Petar Janković, Executive Director Vladimir Tadić, and President of the NGO Association of Maritime Captains, Mario Pilastro.

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The main topic of the hearing will be the sale of Crnogorska Plovidba’s vessels “Kotor” and “21. maj” to the Danish company Navision Group for a total of 13.2 million dollars, MINA Business reports.

The sale has sparked criticism from maritime experts and professionals, who claim that the ships were sold well below market value.

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Since the beginning of this year, the vessel Kotor has experienced several mechanical failures. Due to these malfunctions and accumulated debts, it has been detained in ports multiple times.

Both ships were originally purchased in 2012 in China.

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