Montenegro
Montenegro is a country in Southeastern Europe. It is located on the Adriatic Sea and is a part of the Balkans, sharing borders with Serbia to the northeast, Bosnia and Herzegovina to the north, Kosovo to the east and Albania to the southeast, the Adriatic Sea and Croatia to the northwest, and a maritime boundary with Italy. Bar and Kotor are the two main seaports. Montenegro officially applied to join the EU in December 2008.
Croatia and Montenegro discuss transport cooperation
Minister Butković with the Montenegrin Minister of Capital Investments on joint cooperation between Croatia and Montenegro in the field of transport...
Montenegro’s Luka Bar reports slight profit increase in 2020
Bar, Montenegro (Ports Europe) April 30, 2021 – State-owned port operator Luka Bar has reported a net profit of €119,200 ($144,345) in 2020, up from...
Global Ports’ trading statement shows business hit by pandemic
Istanbul, Turkey (Ports Europe) March 14, 2021 – Last Friday, Turkey’s Global Ports Holding Ltd (GPH) reported its trading statement for 2020 which...
Port of Bar to be logistics base for offshore oil drilling in Montenegro
Bar, Montenegro (Ports Europe) March 10, 2021 – The Montenegro government has said that final preparations of the equipment to be used for the first...
Drydocks World expands into Montenegro, Eastern Mediterranean
Drydocks World, a DP World company, joins consortium to transform the Bijela Shipyard, Montenegro, into a world-class superyacht service, maintenance, repair...
Montenegro plans new container terminal for Bar port
Bar, Montenegro (PortSEurope) August 11, 2020 – The Montenegro government has announced the construction of a new container terminal in the Adriatic port...
Montenegro adopts strategy for the Maritime Economy 2020-2030
Bar, Montenegro (PortSEurope) August 11, 2020 – On July 30, the Montenegro government, at the proposal of the Ministry of Transport and Maritime Affairs,...
Global Investment Holdings FY 2019 Financials Results: Great Success despite a Tough Year…
Global Investment Holdings announces Consolidated Net Revenues of 1,441.0mn TL and an Operating EBITDA of 563.3mn TL in 2019, which indicate a robust 28% and...
Washington identifies Montenegro as possible LNG partner
Bar, Montenegro (Ports Europe) February 12, 2020 – Speaking to the RTCG broadcaster in Montenegro, US secretary of state responsible for energy from...
Transshipment rises three-fold at Bar port, Montenegro, in January 2020
Bar, Montenegro (Ports Europe) February 5, 2020 – Luka Bar AD, operator of Bar port, has reported three times more traffic in January 2020 than in the...
Montenegro Prime Minister promotes the development of Bar
Government of Montenegro – November 21, 2019 Stabilization of public finances and focus on capital projects will provide conditions for dynamic...
Luka Bar, Montenegro, sells Hotel Sidro asset
Bar, Montenegro (Ports Europe) November 7, 2019 – The port of Bar, operated by Luka Bar, has signed a contract for the sale of its 100% stake in LLC...
Luka Bar sees increased traffic in Jan-Sep 2019
Bar, Montenegro (Ports Europe) November 7, 2019 – The port of Bar transhipped more than 1.13 million cargoes in the first nine months of 2019, up 18% on...
Kazak Prime Minister attends Fourth Meeting of Speakers of the Eurasian Countries’ Parliaments
Prime Minister Askar Mamin held bilateral talks with the speakers of the parliaments of Montenegro, Slovakia, Northern Macedonia, Moldova, Oman, Qatar and...
Luka Bar to sell hotel asset
Bar, Montenegro (PortSEurope) August 27, 2019 – Luka Bar A.D. Bar has announced the sale of the Anchor Hotel for €1.77 million ($1.96 million)....
Global Ports Holding starts strategic review of cruise port activities
Istanbul, Turkey (PortSEurope) July 5, 2019 – Global Ports Holding Plc (GPH), the world’s largest independent cruise port operator, has announced...
Damen Shipyards and Porto Montenegro review luxury yacht development
Bar, Montenegro (Ports Europe) April 26, 2019 – Prime Minister Duško Marković and representatives of Dutch shipbuilding company Damen Kommer Damen and...