Port News & Information Mediterranean, Black & Caspian Seas

Montenegro’s Luka Kotor awarded concession to operate Kotor port

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Kotor, Montenegro (PortSEurope) December 28, 2018 – Montenegrin company Luka Kotor has received a concession for the operation of the Kotor port in the country. Under the 12-year concession agreement, Luka Kotor will pay a concession fee of €250,000 ($286,066) annually and will have to invest a total of €5.053 million ($5.782 million) in the period….

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