Word: tivation
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Yugoslav naval base at Tivat on the coast of Montenegro is a derelict place. Colossal jetties stretch out from an abandoned work yard piled with crumbling concrete, twisted metal rods and broken glass. In one corner, a Cold War-era submarine, its giant propeller exposed to the summer winds, is being slowly dismantled by a local crew in flip-flops. The berths are fouled with paint chips and rusted metal, and until a recent scavenging operation, explosives lay on the seabed...
...naval base may be ugly and unglamorous, but thanks to a group of high-profile foreign investors, Tivat is about to be reborn. Next month, construction begins on a new marina for megayachts that its backers say will help turn this lowly industrial town into a glistening new Monaco. Its current appearance notwithstanding, Tivat is fortuitously situated on the so-called Venice-Corfu leg, the fastest-growing cruise destination in the Mediterranean and a pleasure ground for some of the world's wealthiest people. Montenegro's roads are crumbling, its power supply sporadic and its sewage system inadequate...
...Peter Munk, 80, the Hungarian-born Canadian who heads the mining giant Barrick Gold, that potential makes Montenegro a prime candidate for development. Relaxing in shorts and bare feet on his chartered 162-ft. (49 m) yacht on the deep blue waters near Tivat, Munk says Monaco was also a relatively backward town before it transformed itself - and swaths of the French Riviera with it - into the playground it is today. Tivat, or Porto Montenegro as the marina area is being renamed, will have a similar effect, Munk declares: "The whole Adriatic is going to be lifted up by this...
...country's high mountains and valleys are still largely undeveloped; its Tara River canyon has the deepest gorges in Europe, and ancient cities and monasteries dot the rugged coastline. The old, walled trading city of Kotor, a few miles down the coast from Tivat, was founded by the Romans and ruled for nearly four centuries by the Venetians, who left their architectural mark. There have been more recent periods of glory, too. Back in the 1970s, the red-tiled resort island of Sveti Stefan was a summer retreat for the likes of Sophia Loren, Kirk Douglas and Doris...