15 October 2019
  • 12:02 IF YOU WANT TO GO BIG AS A DESTINATION, JOIN TOURISM AND GASTRONOMY
  • 11:51 Top Events in october
  • 11:04 HOT TOPICS in September 2019: North Macedonia and Albania get green light from German parliament; Croatia expects to join Schengen soon; Sarajevo holds its first Pride parade; EBERD wants to invest in Bosnia’s wind farms; Dubrovnik to introduce cruise tax; Kosovo’s instability keeps investors away
  • 12:21 Multilateralism is crucial but it is at risk
  • 11:29 Another luxury gem opens its doors on Montenegro’s coast

Norwegian company Siem Shipping Inc. canceled the delivery of four cargo ships from Croatia’s Uljanik shipyard on 1 September, the Uljanik Stock Exchange reported yesterday. The company cancelled the order because the shipmaker wasn’t able to deliver the vessels on time.  The troubled shipmaker also received other order cancellations by buyers from abroad. The cancellations are likely to cost the government EUR 65m. The total value of the shipyard  orders is EUR 192m,  with the state guarantee for those orders amounting to EUR 152m. Both Uljanik and 3 May shipyards currently have blocked accounts.

Adriatic Journal

RELATED ARTICLES

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close