Tag: Barska plovidba

Barska Plovidba governance deadlock deepens after fourth failed shareholder vote

Montenegro’s majority state-owned shipping company Barska Plovidba failed for a fourth time to secure sufficient shareholder participation to approve governance changes required under the country’s Company...

Barska Plovidba searches for capital and a viable fleet strategy

Dubai-based Faminas Investment Group has proposed taking a 22 per cent interest in Barska Plovidba and investing approximately €55mn–€60mn in two new cargo vessels and reconstruction of Pier...

Barska plovidba governance impasse creates contingent-liability risk

State-controlled shipping company Barska plovidba again failed on 10 July to obtain the required shareholder majority to adopt a new statute and appoint its board. Shareholders representing approximately 54% of the...

Faminas targets strategic stake in Barska Plovidba with €60 million fleet and Port upgrade plan

Montenegro’s maritime sector is entering a potentially transformative phase as Dubai-based Faminas Investment Group moves to acquire a strategic stake in Barska plovidba, combining equity entry with...
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Dubai investor plans €60 million entry into Barska Plovidba and Port of Bar modernisation

Montenegro’s maritime sector could soon enter a new investment phase as a Dubai-based investor prepares to take a strategic stake in the national shipping...

Barska Plovidba makes $1.6 million payment on Chinese ship loan

Barska Plovidba has transferred $1.6 million to the Export-Import Bank of China as part of its regular debt-servicing obligations related to the financing of two bulk...
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