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News and events

News and events

24 march 2020
FESCO Transportation Group («FESCO») and logistics operator Rail Cargo Logistics – RUS organized the first transportation of canola oil in containers equipped with flexitanks from the Krasnoyarsk Territory to the port of Nantong (Jiangsu province, China).
FESCO Transportation Group («FESCO») and logistics operator Rail Cargo Logistics – RUS organized the first transportation of canola oil in containers equipped with flexitanks from the Krasnoyarsk…
19 march 2020
As a part of the development of the transit cargo expedited delivery service Trans-Siberian LandBridge, FESCO Transportation Group (FESCO) and RZD Logistics JSC (a subsidiary of Russian Railways OJSC) are expanding the range of goods for transportation from Asia-Pacific countries to Europe and now are also going to transport hazardous cargo.
As a part of the development of the transit cargo expedited delivery service Trans-Siberian LandBridge, FESCO Transportation Group (FESCO) and RZD Logistics JSC (a subsidiary of Russian Railways…
6 march 2020

FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company).

FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company).

5 march 2020

FESCO Transportation Group (“the Group”, “FESCO”) announces the appointment of Maxim Sakharov as the Group’s President effective March 6, 2020. Maxim Sakharov, previously Vice President for Finance, will replace Aleksandrs Isurins who is stepping down as the Group’s President on the same date.

FESCO Transportation Group (“the Group”, “FESCO”) announces the appointment of Maxim Sakharov as the Group’s President effective March 6, 2020. Maxim Sakharov, previously Vice President for…
28 february 2020

FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company) as of 27.02.2020.


FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company) as of 27.02.2020. …
18 february 2020

As FESCO Transportation Group (FESCO) is expanding its Russian route network of regular container services, it has launched FESCO Ob Amur Shuttle – a container train connecting Novosibirsk and Khabarovsk.

As FESCO Transportation Group (FESCO) is expanding its Russian route network of regular container services, it has launched FESCO Ob Amur Shuttle – a container train connecting Novosibirsk…
29 january 2020

FESCO Transportation Group (the Group) is launching a contest of social projects “Sea of opportunities” (the Contest) as one of the elements of the local community support and development program under the updated strategy of corporate and social responsibility of FESCO.

FESCO Transportation Group (the Group) is launching a contest of social projects “Sea of opportunities” (the Contest) as one of the elements of the local community support and development program…
29 january 2020

FESCO Transportation Group (FESCO) has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from Petrolesport (part of Global Ports Group) in St. Petersburg to Vostochnaya Stevedoring Company (part of Global Ports Group) in Vrangel (Primorsky Krai).

FESCO Transportation Group (FESCO) has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from Petrolesport (part of Global Ports Group) in St. Petersburg to Vostochnaya…
27 january 2020

FESCO Transportation Group (FESCO) and Rusfond launched a support program to help severely ill children of the Primorye Territory. It is one of the key directions of the local community development and support program established under the updated strategy of corporate and social responsibility of FESCO.

FESCO Transportation Group (FESCO) and Rusfond launched a support program to help severely ill children of the Primorye Territory. It is one of the key directions of the local community…
23 january 2020

FESCO Transportation Group (FESCO) reported that FESCO PJSC (the parent company of FESCO Group) had completed the acquisition of 25% plus 1 share of Russkaya Trojka JSC (the Company), which were bought from Russian Railways OJSC, and thereby became a sole shareholder of the Company.

FESCO Transportation Group (FESCO) reported that FESCO PJSC (the parent company of FESCO Group) had completed the acquisition of 25% plus 1 share of Russkaya Trojka JSC (the Company), which were…
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6 march 2020

FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company).

FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company).

28 february 2020

FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company) as of 27.02.2020.


FESCO Transportation Group reports on changes in the composition of the Management Board of FESCO (the Group’s parent company) as of 27.02.2020. …
18 february 2020

As FESCO Transportation Group (FESCO) is expanding its Russian route network of regular container services, it has launched FESCO Ob Amur Shuttle – a container train connecting Novosibirsk and Khabarovsk.

As FESCO Transportation Group (FESCO) is expanding its Russian route network of regular container services, it has launched FESCO Ob Amur Shuttle – a container train connecting Novosibirsk…
29 january 2020

FESCO Transportation Group (the Group) is launching a contest of social projects “Sea of opportunities” (the Contest) as one of the elements of the local community support and development program under the updated strategy of corporate and social responsibility of FESCO.

FESCO Transportation Group (the Group) is launching a contest of social projects “Sea of opportunities” (the Contest) as one of the elements of the local community support and development program…
29 january 2020

FESCO Transportation Group (FESCO) has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from Petrolesport (part of Global Ports Group) in St. Petersburg to Vostochnaya Stevedoring Company (part of Global Ports Group) in Vrangel (Primorsky Krai).

FESCO Transportation Group (FESCO) has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from Petrolesport (part of Global Ports Group) in St. Petersburg to Vostochnaya…
27 january 2020

FESCO Transportation Group (FESCO) and Rusfond launched a support program to help severely ill children of the Primorye Territory. It is one of the key directions of the local community development and support program established under the updated strategy of corporate and social responsibility of FESCO.

FESCO Transportation Group (FESCO) and Rusfond launched a support program to help severely ill children of the Primorye Territory. It is one of the key directions of the local community…
23 january 2020

FESCO Transportation Group (FESCO) reported that FESCO PJSC (the parent company of FESCO Group) had completed the acquisition of 25% plus 1 share of Russkaya Trojka JSC (the Company), which were bought from Russian Railways OJSC, and thereby became a sole shareholder of the Company.

FESCO Transportation Group (FESCO) reported that FESCO PJSC (the parent company of FESCO Group) had completed the acquisition of 25% plus 1 share of Russkaya Trojka JSC (the Company), which were…
30 december 2019
Given the recently spreading speculations and rumors regarding the changes in shareholders of FESCO Transportation Group ("FESCO"), Mr. Ziyavudin Magomedov, FESCO co-owner, announces that he is not going to sell his stake in the company categorically.
Given the recently spreading speculations and rumors regarding the changes in shareholders of FESCO Transportation Group ("FESCO"), Mr. Ziyavudin Magomedov, FESCO…
26 december 2019
FESCO diesel motor vessel Vasiliy Golovnin departed from the port of Cape Town (RSA) to Antarctica on December 24, 2019, delivering cargo to two Indian and Belgium scientific research stations. The voyage will last until April 2020.
FESCO diesel motor vessel Vasiliy Golovnin departed from the port of Cape Town (RSA) to Antarctica on December 24, 2019, delivering cargo to two Indian and Belgium scientific research stations. The…
11 december 2019

FESCO Transportation Group ("Group", "FESCO") is launching a program of support and development of the local community in the Primorye Territory (hereinafter – the Program) as part of an updated strategy of corporate social responsibility. FESCO is going to spend about RUB 50 million to finance the Program, which will be launched in 2020. A presentation of the Program took place on 11 December in Vladivostok in the presence of interim vice-governor of the Primorye Territory Sergey Maksimchuk.

FESCO Transportation Group ("Group", "FESCO") is launching a program of support and development of the local community in the Primorye Territory (hereinafter – the Program) as part of an…
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1 october 2019

FESCO Transportation Group (the “Group or “FESCO”) announces the results of recently expired irrevocable public offers to holders of FESCO PLC’s BO-01 and BO-02 series exchange-traded bonds.

FESCO Transportation Group (the “Group or “FESCO”) announces the results of recently expired irrevocable public offers to holders of FESCO PLC’s BO-01 and BO-02 series exchange-traded…
28 march 2019

FESCO Transportation Group (the “Group” or “FESCO Group”) announces its operating and consolidated financial results for the twelve months ended December 31, 2018 based on the management accounts.

FESCO Transportation Group (the “Group” or “FESCO Group”) announces its operating and consolidated financial results for the twelve months ended December 31, 2018 based on the management…
26 april 2018

Given recent media speculation regarding the bankruptcy petition filed against FESCO PLC (“Company”, parent company of FESCO Transportation Group) by Russian Management Company Arsagera ("Arsagera"), the Company reaffirms that such claim is groundless.

Given recent media speculation regarding the bankruptcy petition filed against FESCO PLC (“Company”, parent company of FESCO Transportation Group) by Russian Management Company Arsagera…
23 april 2018

Given recent media publications regarding Promyshlenniy Selskhokhozyaistvenniy Bank LLC (“Promselhozbank”) intention to file the bankruptcy petition against FESCO PLC (“Company”, the parent company of FESCO Transportation Group) to the Moscow Arbitration Court, the Company notes that the claim for its insolvency is groundless.

Given recent media publications regarding Promyshlenniy Selskhokhozyaistvenniy Bank LLC (“Promselhozbank”) intention to file the bankruptcy petition against FESCO PLC (“Company”, the parent…
6 april 2018
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 november 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…
7 november 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…
7 november 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…
27 october 2017

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announces today that the scheme meeting (the “Scheme Meeting”), convened for the purposes of 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 described in the explanatory statement published on 11 October 2017 was duly held on 27 October 2017.

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announces today that the scheme meeting (the “Scheme Meeting”), convened for the purposes of approving the scheme of…
24 october 2017

Far-Eastern Shipping Company PLC (“FESCO”) announces today that, on Friday 20 October 2017, FESCO obtained an approval from the requisite majority of its shareholders with respect to the guarantee provided by FESCO to the holders (the “Noteholders”) of the outstanding 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”) on 6 September 2017 (the “FESCO Guarantee”), in support of the obligations under the USD Notes.  

Far-Eastern Shipping Company PLC (“FESCO”) announces today that, on Friday 20 October 2017, FESCO obtained an approval from the requisite majority of its shareholders with respect to the…
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