The company manages a modest fleet of bulk carriers—primarily Supramax-type vessels—designed to transport dry cargo such as grain, coal, minerals, and timber globally. Fleet Operations and the Global Market
The company currently manages two main vessels built at the Shanghai Shipyard: Crnogorska Plovidba A.D. Kotor crnogorska plovidba
For Crnogorska Plovidba to survive, it must look toward the principles of the . This involves a shift toward ecologically sustainable maritime transport , integrating new marine technologies, and improving fuel efficiency to meet International Maritime Organization (IMO) standards. The company manages a modest fleet of bulk
Then, disaster struck. On June 15, 2025, the Kotor was detained in the port of Savannah, Georgia, by the U.S. Coast Guard. The inspection revealed a total of nine procedural and technical deficiencies, including a failure in the safe steering system caused by defects in the main and auxiliary engines. The ship remained stuck in the U.S., racking up daily costs that threatened to exceed its market value. Minister Radulović publicly declared that all legal mechanisms were exhausted and that the government could no longer help the company. By September, the company’s total debt was estimated at €37.3 million, including €33.8 million owed directly to the state for its guarantees. Coast Guard