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News and events

14-08-2018

FESCO and Hyundai Glovis Jointly Launch Regular Cargo Transportation from Busan to Hyundai Plant in St. Petersburg

FESCO Transportation Group and Hyundai Glovis Co. Ltd, one of the largest logistics companies in South Korea specialized in shipments of cars and car spare parts, jointly launch a regular container service from Busan to St. Petersburg through the Commercial Port of Vladivostok (VMTP).

FESCO Transportation Group and Hyundai Glovis Co. Ltd, one of the largest logistics companies in South Korea specialized in shipments of cars and car spare parts, jointly launch a regular…

03-08-2018

Cargo Volumes Handled by Commercial Port of Vladivostok for 7 Months 2018 Exceed Cargo Volumes in Full Year 2016

Commercial Port of Vladivostok (VMTP, part of FESCO Transportation Group) has handled more than 5.8 mln tons of various cargos for 7 months in 2018. This handling volume already exceeds the volume of full year 2016 and the volume handled for 7 months in 2017 (by 40%).

Commercial Port of Vladivostok (VMTP, part of FESCO Transportation Group) has handled more than 5.8 mln tons of various cargos for 7 months in 2018. This handling volume already exceeds the…

27-07-2018

FESCO Launches Weekly Container Transportation from Japan to Far East

FESCO Transportation Group in partnership with APL international shipping company, part of CMA CGM, is launching weekly container transportation from Japan to the Russian Far East via the existing Japan Trans-Siberian Line (JTSL). The agreement has been signed by Alexander Isurin, President of FESCO, and Nicolas Santini, CEO of APL, in Singapore. Weekly transportation starts on August 24 with dispatch from Yokohama.

FESCO Transportation Group in partnership with APL international shipping company, part of CMA CGM, is launching weekly container transportation from Japan to the Russian Far East via the…

14-08-2018

FESCO and Hyundai Glovis Jointly Launch Regular Cargo Transportation from Busan to Hyundai Plant in St. Petersburg

FESCO Transportation Group and Hyundai Glovis Co. Ltd, one of the largest logistics companies in South Korea specialized in shipments of cars and car spare parts, jointly launch a regular…

03-08-2018

Cargo Volumes Handled by Commercial Port of Vladivostok for 7 Months 2018 Exceed Cargo Volumes in Full Year 2016

Commercial Port of Vladivostok (VMTP, part of FESCO Transportation Group) has handled more than 5.8 mln tons of various cargos for 7 months in 2018. This handling volume already exceeds the…

27-07-2018

FESCO Launches Weekly Container Transportation from Japan to Far East

FESCO Transportation Group in partnership with APL international shipping company, part of CMA CGM, is launching weekly container transportation from Japan to the Russian Far East via the…

06-04-2018

FESCO Group clarification on media reports

FESCO Transportation Group (“Group”) notes media reports about intention of Russian Management Company Arsagera ("Arsagera") to file bankruptcy petition against FESCO PLC ("Company”, parent company of the Group). The Company announces that such claim is groundless and hereby kindly asks its clients and partners not to respond to the provocation.

FESCO Transportation Group (“Group”) notes media reports about intention of Russian Management Company Arsagera ("Arsagera") to file bankruptcy petition against FESCO PLC ("Company”, parent…

21-11-2017

FESCO announces completion of restructuring process in respect of USD Notes

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.

07-11-2017

FESCO announces court sanction of scheme of arrangement

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…

For investors

FESCO Transportation Group Consolidated Annual Report for 2015 8.5 MB PDF

Consolidated Financial Statements for the six-month period ended June 30, 2016 8.76 MB PDF

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.