Tag: Barska plovidba

Montenegro’s state-run shipping companies sign cooperation agreement to avoid bankruptcy

The shareholders of Bar-based Barska Plovidba and Kotor-based Crnogorska Plovidba approved a cooperation agreement this morning aimed at resolving Crnogorska Plovidba’s liquidity problems. Under...

Montenegro shipping companies cooperation plan aims to avoid bankruptcy and optimize operations

In an effort to rescue Crnogorska plovidba from financial collapse, Montenegro’s Ministry of Maritime Affairs has announced a strategic cooperation plan with Barska plovidba....

Montenegro’s Maritime Captains Association raises concerns over business agreement between shipping companies

The Maritime Captains Association of Montenegro (UPKCG) has sent an open letter to the media, addressed to the Prime Minister of Montenegro, Milojko Spajić,...

Lease agreement saves Crnogorska Plovidba from bankruptcy, ensures jobs and protects fleet

The leasing of two ships by Barska to Crnogorska plovidba is seen as a vital solution to save the company from bankruptcy, preserve jobs,...
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Montenegro shipping crisis: Government plan to lease ships sparks controversy and opposition

Montenegro has two state-owned shipping companies, both heavily indebted with two ships each. The government plans to resolve the financial crisis of one of...

Barska Plovidba reports loss amid financial challenges and loan obligations

In the first half of the year, Barska Plovidba reported a loss of €723,560, which is a decline of €1.82 million compared to the...
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