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News and events
16-06-2017
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company”) announces today that in view of the ongoing discussions with respect to the restructuring of the Company’s indebtedness,  and following the Company’s  initiatives toward further cost optimization, it believes it now inappropriate to continue to support the corporate credit rating issued by S&P Global Ratings. 
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company”) announces today that in view of the ongoing discussions with respect to the restructuring of the Company’s indebtedness,  and…
07-06-2017
FESCO Transportation Group and JSC RZD Logistics signed a memorandum of cooperation on cargo transportation.
FESCO Transportation Group and JSC RZD Logistics signed a memorandum of cooperation on cargo transportation.
01-06-2017

FESCO Transportation Group offers a discount on tariffs valid from 1st to 30th June 2017 for customers placing requests for import transportations of containers from Vladivostok in their personal account.

FESCO Transportation Group offers a discount on tariffs valid from 1st to 30th June 2017 for customers placing requests for import transportations of containers from Vladivostok in their personal…
16-06-2017
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company”) announces today that in view of the ongoing discussions with respect to the restructuring of the Company’s indebtedness,  and following the Company’s  initiatives toward further cost optimization, it believes it now inappropriate to continue to support the corporate credit rating issued by S&P Global Ratings. 
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company”) announces today that in view of the ongoing discussions with respect to the restructuring of the Company’s indebtedness,  and…
07-06-2017
FESCO Transportation Group and JSC RZD Logistics signed a memorandum of cooperation on cargo transportation.
FESCO Transportation Group and JSC RZD Logistics signed a memorandum of cooperation on cargo transportation.
29-05-2017
FESCO Transportation Group (“FESCO”) launches a delivering service for export cargo in the Russian Northwest. Regular container trains will transport manufactured products to the ports of St. Petersburg.
FESCO Transportation Group (“FESCO”) launches a delivering service for export cargo in the Russian Northwest. Regular container trains will transport manufactured products to the ports of St…
23-05-2017

FESCO PLC (the “Company”) announces signing an amendment agreement to the novation agreement №01 dated January 17, 2017 and a novation agreement №02 with the representative of the holders of the Company ruble bonds, series BO-01 (the “Bonds”), for deferring defaulted payments until October 27, 2017.

FESCO PLC (the “Company”) announces signing an amendment agreement to the novation agreement №01 dated January 17, 2017 and a novation agreement №02 with the representative of the holders of the…
02-05-2017
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company” and, together with its subsidiaries, the “Group”) announces today that it has postponed the publication of its IFRS consolidated financial statements for the year 2016 in view of the ongoing discussions with respect to the restructuring of the Group's indebtedness.
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company” and, together with its subsidiaries, the “Group”) announces today that it has postponed the publication of its IFRS consolidated…
15-03-2017
FESCO Announces December 2016 and Twelve Months Year-to-Date Trading Update
FESCO Announces December 2016 and Twelve Months Year-to-Date Trading Update

About FESCO

FESCO is one of the leading public transportation and logistics companies in Russia with operations in ports, rail, integrated logistics and shipping business. Diversified but integrated asset portfolio enables FESCO to provide door-to-door logistics solutions and control almost all steps of the intermodal transportation value chain. The majority of FESCO’s operations are located in the Russian Far East and the Group benefits from growing trade volumes between Russia and Asian countries.

FESCO is the leader of container transportation through the Russian Far East via international sea container lines to/from Asian countries, domestic sea container lines and by rail. FESCO is the leading port container operator in the Far East region.