Montenegrin Shipping on the Brink: Who Will Save the Ship Kotor and €37 Million Debt?

Montenegrin Shipping on the Brink of Collapse!

Have you heard about the ship Kotor? No? Maybe because it has been stuck in the port of Savannah for some time now, stopped by the US Coast Guard due to a failure in the safety management system. Yes, you read that right — the ship that was once the pride of Montenegrin shipping is now just a problem piling up debts.

€37 Million Debt and No Help in Sight!

Filip Radulović, the maritime inspector, openly states that all legal mechanisms have been exhausted and it is no longer possible to help Montenegrin shipping. The company owes the state about €37 million, and the costs related to the ship’s stoppage continue to accumulate. No money, no solutions, just a heap of problems no one wants to admit.

Selling Ships as the Only Solution?

Radulović emphasizes that selling the ships of Montenegrin shipping was a legal way out, although painful and hard to accept. But what else is left when problems have been swept under the rug for decades? This is not just a story about one ship, but a systemic problem that led to the collapse of one of the most important sectors of Montenegro’s economy.

What’s Next?

While the ship Kotor gathers dust in the port and debts grow, the question arises — who will take responsibility? Will someone finally step up with a solution, or will we watch Montenegrin shipping sink along with its ships?

If you have thoughts on this or maybe know some hidden details, feel free to drop a comment. Let the voice of the people be heard, because this is not just a story about a ship, but about the future of Montenegro!

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