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Montenegrin seaports cargo traffic edges down in Q4

Author Radomir Ralev
Montenegrin seaports cargo traffic edges down in Q4 Source: Luka Bar

PODGORICA (Montenegro), February 18 (SeeNews) – Montenegro’s seaports handled 921,715 tonnes of cargo in the fourth quarter of 2018, down 0.2% on the year, data from the country's statistical office showed.

The cargo traffic at Montenegrin seaports grew by 27.5% on a quarterly basis, according to data posted on the website of the statistical office on Friday.

The transhipment of cargo at Montenegro's seaports fell by 13.1% year-on-year to 575,633 tonnes in the fourth quarter of 2018. On a quarterly basis, the transhipment went up by 26.3%.

Bar, with an annual capacity of 5 million tonnes, is the major seaport in Montenegro. Kotor, Risan, Tivat, and Zelenika are smaller ports in the country.