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.
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...
Montenegro’s Bar port operator sees €22.1 million loss in 2018, seeks investment
Bar, Montenegro (Ports Europe) April 26, 2019 – Montenegrin port operator Luka Bar recorded a €22.1 million ($24.7 million) loss in 2018, due to the...
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...
Montenegro PM Marković at 16+1 Summit: Cooperation between CEEC and China is successful and significant
Dubrovnik, Croatia (Ports Europe) April 19, 2019 – On 12 April 2019, the 8th Summit of China and Central and Eastern European Countries 16+1 (CEECs) was...
Bar port represents huge investment opportunity
Bar, Montenegro (Ports Europe) April 19, 2019 – Bar port represents a large chance for the development of Montenegro’s economy, Prime Minister Duško...
Montenegro’s Luka Bar books €22.1 million loss in 2018
Bar, Montenegro (Ports Europe) April 3, 2019 – Luka Bar AD, the state-owned operator of Montenegro’s Bar port, recorded a loss of €22.1 million...
Luka Kotor signs concession agreement for Kotor port
Kotor, Montenegro (Ports Europe) March 26, 2019 – Montenegrin company Luka Kotor has signed a concession agreement to operate Kotor harbour for a period of...
Montenegrin ports cruise traffic declines 6.3% in 2018
Bar, Montenegro (Ports Europe) March 21, 2019 – Montenegrin ports handled 506,198 cruise passengers in 2018, down 6.3%. The number of cruise ship...
Luka Kotor approves port concession contract
Kotor, Montenegro (Ports Europe) March 14, 2019 – Montenegrin port operator Luka Kotor AD’s shareholders have given the green light to a 12-year...
Montenegro’s Chamber of Commerce to support execution of Luka Bar’s business plan for 2019
Bar, Montenegro (Ports Europe) March 8, 2019 – Montenegro’s Chamber of Commerce plans to support the operator of Bar port, Luka Bar, to execute its...
Montenegro’s Luka Bar, trade union sign collective labour agreement
Bar, Montenegro (Ports Europe) March 8, 2019 – Representatives of the management and trade unions of Luka Bar, the operator of Bar port, have signed a new...
Abu Dhabi Ports discusses investments in Montenegro’s Bar port
Bar, Montenegro (Ports Europe) February 1, 2019 – An Abu Dhabi Ports delegation has visited Montenegro to discuss potential investments in Bar port,...
UAE shows interest in Montenegro’s Bar port
Bar, Montenegro (Ports Europe) January 18, 2019 – United Arab Emirates (UAE) investors are interested in Montenegro’s Bar port, Emirati royal...
Luka Bar invites bids in IT system upgrade tender
Bar, Montenegro (PortSEurope) January 4, 2019 – Luka Bar, the operator of Montenegro’s Bar port, has invited bids for the reconstruction...