Crnogorska Plovidba Jun 2026
The year 2025 was a death spiral for Crnogorska plovidba. The first blow came in April, when Prva Banka blocked the company’s accounts due to an unpaid €372,500 overdraft loan. With the accounts frozen, the company couldn’t pay crew salaries or insurance premiums, and the government warned that its ships could be stopped in foreign ports. In a desperate attempt to stave off collapse, the government proposed a “business and technical cooperation” contract with another state-owned shipping company, Barska plovidba, under which Barska would manage CP’s ships and advance it up to €1 million.
Srce kompanije čine brodovi za prijevoz rasutog tereta (Bulk carriers). Ovi brodovi su radni konji svjetske trgovačke mornarice, dizajnirani za prevoz velikih količina robe poput:
However, the story of during this decade is one of ingenious survival. The company was forced to adapt to the "Shadow Fleet" economy. While international shipping was restricted, the company pivoted to focusing on the Adriatic cabotage and the risky, yet profitable, trade of breaking the sanctions via small-scale operations. It was a dark era, but it proved that the company’s roots were too deep to be uprooted. crnogorska plovidba
The ship, a 35,000-ton bulk carrier, was one of the twin pillars of , the state-owned shipping line based in the ancient, stone-walled city of Kotor. Along with its sister ship, the Kotor , it carried the pride of a small nation with a long maritime history.
The company famously operated ships named Kotor and 21. Maj , among others. These vessels were constructed to meet modern international safety and environmental standards. The year 2025 was a death spiral for Crnogorska plovidba
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Following the dissolution of Jugooceanija—Kotor's legendary post-WWII fleet—the newly formed Montenegrin government sought a modern vehicle to re-establish its flag on international waters. Core Corporate Structure In a desperate attempt to stave off collapse,
Since 2015, the Montenegrin government has discussed selling its stake in Crnogorska Plovidba. Several international investment funds (from Russia, Ukraine, and the UAE) have shown interest. However, strong resistance comes from the Sailors’ Union of Montenegro, who fear that foreign owners will scrap the vessels and move the flag of convenience to Panama or Liberia, firing local crews.
This comprehensive analysis explores the history, fleet operations, financial downfall, and final liquidation of Crnogorska Plovidba. 🚢 The Foundation and Vision
In 2021, the company reported a net profit of over €4 million, a dramatic turnaround from near-zero profits in the previous decade. However, by 2023–2024, as supply chains normalized and fuel costs rose, profits stabilized at moderate levels.