International Maritime Organization (IMO) regulations regarding sulfur emissions (IMO 2020) and carbon intensity (EEXI – Energy Efficiency Existing Ship Index) have forced old vessels into scrapping. Crnogorska Plovidba has had to invest heavily in scrubber technology or new builds. Without state recapitalization, keeping the fleet modern is a constant headache.
Posljednjih godina prave se koraci ka oporavku: crnogorska plovidba
The International Maritime Organization (IMO) has set strict decarbonization targets. Crnogorska Plovidba’s fleet, while modern, is not electric or LNG-ready. The cost of retrofitting ships to run on methanol or ammonia is astronomical for a small nation-state company. No long article on Crnogorska Plovidba would be
Crnogorska Plovidba is not the largest shipping company in the Mediterranean. It does not own supertankers or mega-container ships. Yet, it endures. there will be a Plovidba.
From the sanctions of the 1990s to the pandemic and war in Ukraine, the company has weathered storms that would have sunk lesser firms. For the people of Montenegro, the sight of a bulk carrier flying the Montenegrin flag—with the distinctive red and yellow funnel—is a reminder that this small nation still has a big presence on the high seas.
Whether the state holds onto it or sells it, the brand of Crnogorska Plovidba remains synonymous with Montenegrin grit. As global trade shifts and new environmental rules take effect, one thing is certain: As long as there is a coast in Montenegro, there will be a Plovidba.
No long article on Crnogorska Plovidba would be complete without addressing its struggles.