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1 June 2017 — Interfax
A debt restructuring agreement with the holders of FESCO Eurobonds has nearly been reached with only technical details remaining, Summa Group CEO Leyla Mammad Zada told Interfax on the sidelines of the St. Petersburg International Economic Forum.
A debt restructuring agreement with the holders of FESCO Eurobonds has nearly been reached with only technical details remaining, Summa Group CEO Leyla Mammad Zada told Interfax on the sidelines of…
26 May 2017 — Bloomberg

Dubai’s DP World Ltd. is considering taking a stake in Russian cargo carrier Far Eastern Shipping Co., according to people familiar with the matter.

Dubai’s DP World Ltd. is considering taking a stake in Russian cargo carrier Far Eastern Shipping Co., according to people familiar with the matter.

17 April 2017 — Interfax
Far East Shipping company (FESCO) (MOEX: FESH), the parent company of the FESCO Transport Group, is beginning regular service for shipment of less than a container load (LCL) from China to Russia, the company said in a statement.
Far East Shipping company (FESCO) (MOEX: FESH), the parent company of the FESCO Transport Group, is beginning regular service for shipment of less than a container load (LCL) from China to Russia…
30 December 2016 — Interfax
The stake in TransContainer (MOEX: TRCN) indirectly controlled by Far East Shipping Company (FESCO) (MOEX: FESH) has increased to 25.07% from 24.35%, TransContainer said in a statement.
The stake in TransContainer (MOEX: TRCN) indirectly controlled by Far East Shipping Company (FESCO) (MOEX: FESH) has increased to 25.07% from 24.35%, TransContainer said in a statement.
6 December 2016 — Interfax
FESCO Group has carried out an optimization program and cut spending by $35.1 million, FESCO President Alexander Isurin said during a conference call for analysts on Monday.
FESCO Group has carried out an optimization program and cut spending by $35.1 million, FESCO President Alexander Isurin said during a conference call for analysts on Monday.
30 November 2016 — Interfax

The FESCO transport group's core shareholder hopes to agree a debt restructuring plan with the holders of Eurobonds before the end of the year. According to a schedule presented in the summer, this should be done in December, "before Christmas."

The FESCO transport group's core shareholder hopes to agree a debt restructuring plan with the holders of Eurobonds before the end of the year. According to a schedule presented in the summer…
15 November 2016 — Interfax
FESCO Transport Group has launched a container service for shipments of refrigerated cargo between Russian and Iran.
FESCO Transport Group has launched a container service for shipments of refrigerated cargo between Russian and Iran.
23 September 2016 — Interfax

The FESCO transport group boosted earnings before taxes, depreciation and amortization (EBITDA) 15.2% year-on-year in July to $7.6 million, the company said. However EBITDA plummeted 32% in January-July to $47 million. Sales revenue fell 19.9% to $45.9 million in July and 31% to $303.8 million in 7M.

The FESCO transport group boosted earnings before taxes, depreciation and amortization (EBITDA) 15.2% year-on-year in July to $7.6 million, the company said. However EBITDA plummeted 32% in…
27 July 2016 — Interfax
FESCO has the ability to service and refinance $450 million until 2020 excluding a repo agreement with VTB (MOEX: VTBR), the company said on Wednesday in a presentation on the main principles of a debt restructuring.
FESCO has the ability to service and refinance $450 million until 2020 excluding a repo agreement with VTB (MOEX: VTBR), the company said on Wednesday in a presentation on the main principles of a…
5 July 2016 — Interfax
Ziyavudin Magomedov, Chairman of the Board of Directors of Summa Group, has been re-elected as chairman of the board of directors at Far East Shipping Company (FESCO), the parent company of the FESCO Transportation Group, FESCO said in a press release.
Ziyavudin Magomedov, Chairman of the Board of Directors of Summa Group, has been re-elected as chairman of the board of directors at Far East Shipping Company…
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