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News and events

08-06-2018

FESCO fleet began supplying of goods to northern Russia

FESCO vessels have started annual transportation of cargoes to the Far North under the Northern Supply Haul.

31-05-2018

Results of Extraordinary General Meeting of Shareholders

On May 31, 2018, Extraordinary General Meeting of FESCO PLC shareholders (EGM) was held in Moscow. Shareholders elected the new compositions of the Board of Directors as follows:

23-05-2018

FESCO transports three transformers from Novorossiysk for Moscow central heating and power plants

FESCO Transportation Group has provided for delivery of three transformers from Novorossiysk for the Moscow CHPPs. Each transformer weighs 167 tons, with an overall size of 8.5 m x 3.2 m x 4.1 m.

FESCO Transportation Group has provided for delivery of three transformers from Novorossiysk for the Moscow CHPPs. Each transformer weighs 167 tons, with an overall size of 8.5 m x 3.2 m x 4.1…

08-06-2018

FESCO fleet began supplying of goods to northern Russia

FESCO vessels have started annual transportation of cargoes to the Far North under the Northern Supply Haul.

31-05-2018

Results of Extraordinary General Meeting of Shareholders

On May 31, 2018, Extraordinary General Meeting of FESCO PLC shareholders (EGM) was held in Moscow. Shareholders elected the new compositions of the Board of Directors as follows:

23-05-2018

FESCO transports three transformers from Novorossiysk for Moscow central heating and power plants

FESCO Transportation Group has provided for delivery of three transformers from Novorossiysk for the Moscow CHPPs. Each transformer weighs 167 tons, with an overall size of 8.5 m x 3.2 m x 4.1 m.

FESCO Transportation Group has provided for delivery of three transformers from Novorossiysk for the Moscow CHPPs. Each transformer weighs 167 tons, with an overall size of 8.5 m x 3.2 m x 4.1…

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.