Crnogorska Plovidba Jun 2026

, threatening its ability to pay seafarers and maintain mandatory insurance. Controversial Fleet Sale (2025)

Despite its strategic value, Crnogorska Plovidba has suffered from chronic structural financial problems. High leverage from the original Chinese loans used to buy the fleet has created an ongoing cash shortage. The company has repeatedly failed to generate enough operational revenue to cover its heavy debt payments. crnogorska plovidba

The company has been embroiled in international arbitration, recently winning an award in the Crnogorska Plovidba v. Global American Transport LLC case regarding fuel overconsumption and voyage delays. , threatening its ability to pay seafarers and

, with the remainder held by the Employment Agency of Montenegro. Market Strategy crnogorska plovidba