Because the company lacks an extensive independent global fixture network, it relies on prominent third-party maritime brokers, such as the prominent international agency Clarksons, to secure charter parties. Severe Liquidity Crises and State Interventions
Built in 2012 at the Shanghai Shipyard in China, the ships were intended to form the backbone of a modernized fleet. However, they were purchased at a staggering cost of $55.7 million through a loan provided by the Export-Import Bank of China (China Exim Bank). Tragically for the state budget, the vessels would never sail the Bay of Kotor or operate under a sustainable financial model. Despite ambitions announced in 2014 to double the fleet to four vessels through negotiations in China, these expansions never materialized, leaving the company dependent on just these two ships. crnogorska plovidba
: Built and delivered in 2012 to honor Montenegro’s Independence Day. Because the company lacks an extensive independent global