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Montenegro Parliament to review controversial sale of state-owned vessels to Danish buyer

The Parliamentary Committee on Economy, Finance and Budget will hold a consultative hearing tomorrow regarding the sale of Montenegro Shipping Company’s vessels. The invited participants...

Parliamentary Committee to hold hearing on sale of Crnogorska Plovidba ships

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...

Montenegro’s ship sale sparks criticism over low price and lack of transparency

The Montenegrin vessel Kotor has been handed over to Danish company K/S Navision Group, which transferred $8 million to an escrow account, with the...

Crnogorska Plovidba faces imminent bankruptcy despite ship sale

Montenegro’s state-owned shipping company, Crnogorska plovidba, is facing imminent bankruptcy. Even after selling its only significant assets—two ships, "Kotor" and "21. maj"—the company will...
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Montenegro approves sale of two Crnogorska Plovidba ships to Danish buyer

Montenegro’s government has approved the sale of two ships, Kotor and 21. maj, owned by Crnogorska Plovidba, to Danish company K/S Navision Group for...

Montenegro negotiates sale of “Kotor” and “21. maj” ships amid operational and financial challenges

Montenegro’s Ministry of Maritime Affairs continues negotiations for the sale of the ships “Kotor” and “21. maj”, despite earlier assurances that both vessels, valued...
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