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News and events

News and events

30 april 2019

Taking into consideration publications in mass media concerning the death of two sailors Far Eastern Shipping Company PAO (FESCO PAO, mother company of FESCO Transportation Group, “the Company”) hereby makes the following statement: two crew members died aboard Vasily Golovnin diesel-electric ship in the course of an Antarctic expedition on return route from the Antarctic to Cape Town (South Africa).

Taking into consideration publications in mass media concerning the death of two sailors Far Eastern Shipping Company PAO (FESCO PAO, mother company of FESCO Transportation Group, “the Company”)…
28 april 2019

In early June, FESCO Transportation Group ("FESCO", "Group") will open seasonal transportation to Anadyr and Egvekinot, ports of the Chukotka Autonomous Region. Delivery of goods carried out within the framework of the Northern delivery will be provided with a linear service "FESCO Anadyr Direct Line" (FADL).

 

In early June, FESCO Transportation Group ("FESCO", "Group") will open seasonal transportation to Anadyr and Egvekinot, ports of the Chukotka Autonomous Region. Delivery of goods carried out…
24 april 2019

As part of the development of FESCO Fast Forward services, FESCO Transportation Group ("FESCO", the "Group") is optimizing the rotation and changing the names of regular shipping lines from China and the Republic of Korea to Russia. Transportation services between China and Russia will be carried out under the brand FESCO China Express, and between the Republic of Korea and Russia - under the brand FESCO Korea Express.

As part of the development of FESCO Fast Forward services, FESCO Transportation Group ("FESCO", the "Group") is optimizing the rotation and changing the names of regular shipping lines from China…
18 april 2019

FESCO Transportation Group (FESCO) and Sea Fishing Port Terminal LLC have agreed to develop regular rail container transportation between St. Petersburg and Vladivostok The parties signed the agreement of intent in the framework of the "TransRussia" forum.

FESCO Transportation Group (FESCO) and Sea Fishing Port Terminal LLC have agreed to develop regular rail container transportation between St. Petersburg and Vladivostok The parties signed the…
15 april 2019

FESCO Transportation Group and DB Cargo Russija Co Ltd, a 100% subsidiary of DB Cargo AG, Europe's leading rail freight carrier, have agreed to develop container transportation of perishable goods between Russia and China through a multimodal route via the Commercial Port of Vladivostok (VMTP, part of the FESCO Group) and direct land services. The agreement was signed by Alexander Isurin, President of FESCO, and Uwe Loyshner, General Director of DB CARGO RUSSIA LLC, in the framework of the exhibition "TransRussia". There will be deliveries of food products to China and agricultural products to Russia.

FESCO Transportation Group and DB Cargo Russija Co Ltd, a 100% subsidiary of DB Cargo AG, Europe's leading rail freight carrier, have agreed to develop container…
15 april 2019

FESCO Transportation Group (FESCO) and RZD Logistics JSC have agreed to organize a joint multimodal service for the delivery of containerized cargo from the Asia-Pacific region (APR) to Europe through the Commercial Port of Vladivostok (VMTP, part of FESCO) by the Trans-Siberian railway. The agreement was signed by Alexander Isurin, President of FESCO, and Vyacheslav Valentik, Director General of RZD Logistics JSC, in the framework of the "TransRussia" exhibition.

FESCO Transportation Group (FESCO) and RZD Logistics JSC have agreed to organize a joint multimodal service for the delivery of containerized cargo from the Asia-Pacific region (APR) to Europe…
29 march 2019

Segezha Group and FESCO Transportation Group ("FESCO") will study the possibilities of cooperation in transportation of finished products, as well as comprehensive logistics support of projects for creation and modernization of Segezha's timber processing plants in Russia. The respective agreement of intent was signed by Mikhail Shamolin, President and Chairman of the Board of Segezha Group LLC, and Alexander Isurin, FESCO's President, at the Krasnoyarsk Economic Forum.

Segezha Group and FESCO Transportation Group ("FESCO") will study the possibilities of cooperation in transportation of finished products, as well as comprehensive logistics support of projects…
29 march 2019

Russian Export Center JSC (REC), FESCO Transportation Group (FESCO) and Rail Cargo Logistics-RUS have agreed to cooperate in export transportation of containerized cargo from Siberia to China. The cooperation agreement between the above parties was signed at the Krasnoyarsk Economic Forum.

Russian Export Center JSC (REC), FESCO Transportation Group (FESCO) and Rail Cargo Logistics-RUS have agreed to cooperate in export transportation of containerized cargo from Siberia to China…
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…
28 february 2019

Commercial Port of Vladivostok (part of the FESCO Transport Group) is to receive five new port cranes in 2020. The equipment will be acquired in the framework of the modernization of production facilities, which is aimed to increase the intensity of cargo handling.

Commercial Port of Vladivostok (part of the FESCO Transport Group) is to receive five new port cranes in 2020. The equipment will be acquired in the framework of the modernization of production…
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29 november 2019

FESCO Transportation Group (FESCO) is expanding its route network of regular container trains and has launched FESCO Baltic Siberia Shuttle – a new train from St. Petersburg to Novosibirsk.

FESCO Transportation Group (FESCO) is expanding its route network of regular container trains and has launched FESCO Baltic Siberia Shuttle – a new train from St. Petersburg to…
21 november 2019

FESCO Moneron is a new container ship of ice class that has recently joined the fleet of FESCO Transportation Group (FESCO). 21 November 2019 the national flag of the Russian Federation was raised on the ship.

FESCO Moneron is a new container ship of ice class that has recently joined the fleet of FESCO Transportation Group (FESCO). 21 November 2019 the national flag of the Russian Federation was…
20 november 2019

Under the state contract with the Radioactive Waste Management Enterprise (RosRAO Federal State Unitary Enterprise, is a part of State Atomic Energy Corporation Rosatom), FESCO Transportation Group (FESCO) performed the transportation of nine multisectional blocks of nuclear-powered submarines and a tanker from Kamchatka Territory to the decommissioning site in Primorye Territory.

Under the state contract with the Radioactive Waste Management Enterprise (RosRAO Federal State Unitary Enterprise, is a part of State Atomic Energy Corporation Rosatom), FESCO Transportation…
11 november 2019

FESCO Transportation Group (FESCO) has signed an agreement on the development of cooperation with Qingdao Port International Co. and Chongqing Longqilin Supply Chain Management Co. at China International Import Expo in Shanghai.

FESCO Transportation Group (FESCO) has signed an agreement on the development of cooperation with Qingdao Port International Co. and Chongqing Longqilin Supply Chain Management Co. at China…
29 october 2019

FESCO Transportation Group is launching Silkway Amber – a regular container train going from Zhengzhou (China, Henan province) to Hamburg (Germany) through Kaliningrad (Russia) and back.

FESCO Transportation Group is launching Silkway Amber – a regular container train going from Zhengzhou (China, Henan province) to Hamburg (Germany) through Kaliningrad (Russia) and…
9 october 2019

FESCO Transportation Group («FESCO») is launching a container train for car transportation from Chongqing (China) to Kaluga region through Mongolia, expanding geography of expedited overland services between China and Russia.

FESCO Transportation Group («FESCO») is launching a container train for car transportation from Chongqing (China) to Kaluga region through Mongolia, expanding geography of expedited overland…
11 september 2019
FESCO Transportation Group (“FESCO”, the “Group”) set up a new vessel to operate on a regular service FESCO Magadan Line (“FML”), connecting the port of Magadan and the ports of Vladivostok and Vostochny. The containership FESCO Magadan moved to operations on the line at the beginning of September.
FESCO Transportation Group (“FESCO”, the “Group”) set up a new vessel to operate on a regular service FESCO Magadan Line (“FML”), connecting the port of Magadan and the ports of Vladivostok and…
6 september 2019

FESCO branch in Vladivostok («Branch») and Ammosov North-Eastern Federal University (NEFU) have made an agreement on cooperation aimed at working on scientific research and development. The agreement was signed by Igor Sharkov, the Director of the Branch, and Anatoly Nikolaev, the Dean of the University, during the Eastern Economic Forum.

FESCO branch in Vladivostok («Branch») and Ammosov North-Eastern Federal University (NEFU) have made an agreement on cooperation aimed at working on scientific research and development. The…
6 september 2019

FESCO Transportation Group («FESCO», «FESCO Group») and SKB Kontur Production Company JSC have agreed to cooperate in electronic document flow sphere. The intent agreement was signed by the companies during the Eastern Economic Forum.

FESCO Transportation Group («FESCO», «FESCO Group») and SKB Kontur Production Company JSC have agreed to cooperate in electronic document flow sphere. The intent agreement was signed by the…
5 september 2019

FESCO Transportation group («FESCO») and Korean logistics company UNICO LOGISTICS CO. have signed intent agreement in the Eastern Economic Forum. The agreement is aimed to develop expedited delivery of transit cargo from Japan and the Republic of Korea to Europe and Russia via the Trans-Siberian railway.

FESCO Transportation group («FESCO») and Korean logistics company UNICO LOGISTICS CO. have signed intent agreement in the Eastern Economic Forum. The agreement is aimed to develop expedited…
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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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