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News and events
16-02-2018

FESCO Transportation Group dispatches its first export block train from Krasnoyarsk (terminal BLTK) to Chengdu (Sichuan Province) through Mongolia, thus expanding the geographical reach of inland services operated on route between Russia and China.

FESCO Transportation Group dispatches its first export block train from Krasnoyarsk (terminal BLTK) to Chengdu (Sichuan Province) through Mongolia, thus expanding the geographical reach of inland…
01-02-2018

FESCO Transportation Group (the “Group”, “FESCO”) announces changes in the composition of the Management Board of FESCO (parent company of the Group).

FESCO Transportation Group (the “Group”, “FESCO”) announces changes in the composition of the Management Board of FESCO (parent company of the Group).

25-12-2017
On December 25, 2017, Extraordinary General Meeting of FESCO PLC shareholders (EGM) was held in Moscow. Shareholders elected the new compositions of the Board of Directors as follows:
On December 25, 2017, Extraordinary General Meeting of FESCO PLC shareholders (EGM) was held in Moscow. Shareholders elected the new compositions of the Board of Directors as follows:
16-02-2018

FESCO Transportation Group dispatches its first export block train from Krasnoyarsk (terminal BLTK) to Chengdu (Sichuan Province) through Mongolia, thus expanding the geographical reach of inland services operated on route between Russia and China.

FESCO Transportation Group dispatches its first export block train from Krasnoyarsk (terminal BLTK) to Chengdu (Sichuan Province) through Mongolia, thus expanding the geographical reach of inland…
01-02-2018

FESCO Transportation Group (the “Group”, “FESCO”) announces changes in the composition of the Management Board of FESCO (parent company of the Group).

FESCO Transportation Group (the “Group”, “FESCO”) announces changes in the composition of the Management Board of FESCO (parent company of the Group).

25-12-2017
On December 25, 2017, Extraordinary General Meeting of FESCO PLC shareholders (EGM) was held in Moscow. Shareholders elected the new compositions of the Board of Directors as follows:
On December 25, 2017, Extraordinary General Meeting of FESCO PLC shareholders (EGM) was held in Moscow. Shareholders elected the new compositions of the Board of Directors as follows:
21-11-2017
FESCO Transportation Group (the “Group”) announces the completion of the restructuring process in respect of its 8.00% senior secured notes due 2018 and 8.75% senior secured notes due 2020 (the “USD Notes”). The restructuring was successfully implemented using debt financing provided by VTB Bank.
FESCO Transportation Group (the “Group”) announces the completion of the restructuring process in respect of its 8.00% senior secured notes due 2018 and 8.75% senior secured notes due 2020 (the…
07-11-2017

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce that the High Court of Justice of England and Wales (the “Court”) made an order dated 3 November 2017 sanctioning the scheme of arrangement (the “Scheme”) proposed by the Group.

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce that the High Court of Justice of England and Wales (the “Court”) made an order dated 3 November 2017…
07-11-2017

Far-Eastern Shipping Company PLC  and its subsidiaries (together, the “Group”) announce the execution of a facility agreement (the “Facility Agreement”) with VTB Bank PJSC (“VTB Bank”), for a total amount of up to USD 680 million (the “Debt Financing”), which the Group will use to repay and/or settle a significant portion of its existing financial liabilities. VTB Bank approved the terms of the Debt Financing last week.

Far-Eastern Shipping Company PLC  and its subsidiaries (together, the “Group”) announce the execution of a facility agreement (the “Facility Agreement”) with VTB Bank PJSC (“VTB Bank”), for…

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.