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News and events
13-10-2017
Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for August 2017 and for the 2Q 2017 in accordance with the standstill and lock-up agreement between the Group and an ad hoc group of holders of the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020.
Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for August 2017 and for the 2Q 2017 in accordance with the…
11-10-2017

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) has issued a notice that, by an order dated 11 October 2017, the High Court of Justice of England and Wales (the "Court") has directed that a scheme meeting (the “Scheme Meeting”) be convened of the scheme creditors (the “Scheme Creditors”) on 27 October 2017 for the purposes of considering and, if thought fit, approving the scheme of arrangement (the “Scheme”) to implement the restructuring of the Group’s indebtedness under the outstanding 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”) as previously set out in the Practice Statement Letter of 29 September 2017. 

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) has issued a notice that, by an order dated 11 October 2017, the High Court of Justice of England and Wales (the…
05-10-2017

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Supplemental Practice Statement Letter in respect of the scheme of arrangement (the “Scheme”) launched on 29 September 2017 is circulated to implement the restructuring of the Group’s indebtedness under the outstanding the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”). 

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Supplemental Practice Statement Letter in respect of the scheme of arrangement (the “Scheme”)…
21-09-2017

FESCO Transportation Group successfully delivered two hydraulic turbine wheels manufactured at the Leningrad Metal Works (a Power machines company) to the Krasnoyarsk hydropower plant. Each wheel has an overall diameter of 8.5 m and weighs 244 tons.

FESCO Transportation Group successfully delivered two hydraulic turbine wheels manufactured at the Leningrad Metal Works (a Power machines company) to the Krasnoyarsk hydropower plant. Each wheel…
13-09-2017

FESCO Transportation Group expands its rail services and launches FESCO Yenisei Shuttle (FYS) – a regular container train running on a looped route Vladivostok-Krasnoyarsk-Vladivostok.

FESCO Transportation Group expands its rail services and launches FESCO Yenisei Shuttle (FYS) – a regular container train running on a looped route Vladivostok-Krasnoyarsk-Vladivostok.

07-09-2017

Within the frames of the Eastern Economic Forum TechnoNICOL Corporation and FESCO Transportation Group have signed a memorandum of intent aimed at increasing export shipments of construction materials to South-East Asia. The document was signed by Alexander Isurin, President of FESCO, and Sergey Kolesnikov, President of TechnoNICOL.

Within the frames of the Eastern Economic Forum TechnoNICOL Corporation and FESCO Transportation Group have signed a memorandum of intent aimed at increasing export shipments of construction…
13-10-2017
Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for August 2017 and for the 2Q 2017 in accordance with the standstill and lock-up agreement between the Group and an ad hoc group of holders of the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020.
Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for August 2017 and for the 2Q 2017 in accordance with the…
05-10-2017

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Supplemental Practice Statement Letter in respect of the scheme of arrangement (the “Scheme”) launched on 29 September 2017 is circulated to implement the restructuring of the Group’s indebtedness under the outstanding the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”). 

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Supplemental Practice Statement Letter in respect of the scheme of arrangement (the “Scheme”)…
29-09-2017
Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Practice Statement Letter in respect of a proposed scheme of arrangement (the “Scheme”) is circulated to implement the restructuring of the Group’s indebtedness (the “Restructuring”) under the outstanding the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”). 
Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Practice Statement Letter in respect of a proposed scheme of arrangement (the “Scheme”)…

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.