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.
Montenegro signs memorandum for LNG terminal
Bar, Montenegro (Ports Europe) May 16, 2023 – The Montenegro government has signed a memorandum of understanding (MoU) with Enerflex Energy Systems and...
Montenegro seaport trade down over 15% in Q1, 2023
Bar, Montenegro (Ports Europe) May 15, 2023 – In the first three months of 2023, the seaports of Montenegro handled 544,591 tonnes of cargo, compared to...
Bigova Bay to invest €400 mln in a luxury tourist resort in Kotor
Kotor, Montenegro (Ports Europe) May 10, 2023 – Local company Bigova Bay will invest €400 million ($438 million) in a luxury tourist resort...
Chinese company visits Port of Bar, Montenegro
Bar, Montenegro (PortSEurope) February 24, 2023 – Representatives of Chinese company China Civil Engineering Construction Corporation (CCECC) have...
EBRD supports Montenegro’s railway infrastructure
Podgorica, Montenegro (Ports Europe) December 29, 2022 – The European Bank for Reconstruction and Development (EBRD) is...
Montenegro’s Port of Bar produces record 9-month result
Bar, Montenegro (PortSEurope) December 7, 2022 – Montenegro’s Port of Bar (Luka Bar) has produced a record 9-month result, the best for 30 years....
SEE ports as key point for drug smuggling and illicit trade
Geneva, Switzerland (PortSEurope) August 7, 2022 – Dozens of seaports in Southeastern Europe (SEE) as well as Danube river ports are key entry and exit...
Montenegro assumes observer status at ESPO
Bar, Montenegro (Ports Europe) June 1, 2022 – The authorities governing the Ports of Montenegro will join ESPO as an observer member. The decision was...
Montenegro’s Luka Bar reports record first quarter profit
Bar, Montnegro (Ports Europe) June 1, 2022 – Operator of the Port of Bar, Luka Bar AD, has announced a profit of €1.34 million in the first quarter of...
Montnegero prime minister visits the Port of Kotor
Kotor, Montenegro (Ports Europe) May 23, 2022 – The Prime Minister of Montenegro, Dr. Dritan Abazović has visited the Port of Kotor. He was accompanied...
Interview with executive director of the Port of Bar, Ilija Pješčić
Bar, Montenegro (Ports Europe) February 1, 2022 – Last month, the Port Authority of Bar, the Adriatic port in Montenegro, has published an interview with...
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,...
Montenegro deputy PM meets ambassador from China
The Deputy Prime Minister and President of the National Coordination Body for the Fight against Infectious Diseases, Milutin Simović, MA, met today with the...
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...