Bijela, Montenegro (PortSEurope) November 29, 2018 – Montenegro has approved a concession contract for the operation of Adriatic Bijela JSC Shipyard for a period of 30 years with marina operator Adriatic Marinas and Dutch defence, shipbuilding, and engineering conglomerate Damen NV.
The two companies plan to provide yacht repair services in Bijela and to invest €20 million in the shipyard in the next three years.
The concession will be for a fenced area of the shipyard with operational shores and gates, with a total area of 108,000 m². The area under the buildings covers slightly more than 25,000 m².
Adriatic Shipyard Bijela is the biggest ship repairing yard in the Southern Adriatic. It is located in Boka Kotorska bay, one of the safest natural harbours in the world, and has centuries long shipbuilding and maritime tradition.
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