: Investigative reports from outlets like Vijesti highlighted that the company hired a relatively unknown law firm, VRD Legal , to handle the fleet sale—a firm that reportedly had no verifiable prior experience in maritime law and was not formally listed in standard registers at the time of hiring.
As of early 2025, Crnogorska Plovidba is facing an existential financial crisis. Reports from the Ministry of Maritime Affairs have labeled the company "over-indebted and illiquid." Key figures illustrating the depth of this crisis include: crnogorska plovidba
Concerns regarding illegal state aid have also plagued the company, with investigations into millions of euros in unapproved government funding in previous years. : Specialized in transporting bulk cargo such as
: Specialized in transporting bulk cargo such as grain, coal, and ore on international routes. Crnogorska Plovidba A.D. Kotor 2. Operations & Business Model : 99.97% owned by the Government of Montenegro Operations & Business Model : 99