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News and events

News and events

26 july 2019

As part of the development of transit cargo express delivery service, Trans-Siberian LandBridge, FESCO Transportation Group and JSC RZD Logistics, subsidiary of JSC Russian Railways, expand its geography to the route from the Republic of Korea to Europe.

As part of the development of transit cargo express delivery service, Trans-Siberian LandBridge, FESCO Transportation Group and JSC RZD Logistics, subsidiary of JSC Russian Railways, expand its…
12 july 2019

To finish restructuration of debt obligations FESCO (the parent company of FESCO Transport Group) has announced a buyback of outstanding ruble bonds series BO-01 and BO-02. The related public irrevocable offers are sent to the bondholders via National Settlement Depository system and published in the Internet.

To finish restructuration of debt obligations FESCO (the parent company of FESCO Transport Group) has announced a buyback of outstanding ruble bonds series BO-01 and BO-02. The related public…
4 july 2019

The ice-class container vessel “FESCO Magadan”, with full capacity of 822 TEU, joined the fleet FESCO Transportation Group (FESCO). The flag of the Russian Federation was solemnly raised on the ship on July 2, the day of the formation of the city of Vladivostok.

The ice-class container vessel “FESCO Magadan”, with full capacity of 822 TEU, joined the fleet FESCO Transportation Group (FESCO). The flag of the Russian Federation was solemnly raised on the…
25 june 2019

FESCO Branch office in Vladivostok ("Branch", a member of FESCO Transportation Group) and trade union organizations of Seafarers’ union and Water transport workers’ union* entered into a new collective agreement applicable from 1 July 2019 until 30 June 2022.

FESCO Branch office in Vladivostok ("Branch", a member of FESCO Transportation Group) and trade union organizations of Seafarers’ union and Water transport workers’ union* entered into a new…
20 june 2019

On June 20, 2019, Annual General Meeting of FESCO PLC shareholders (AGM) was held. Shareholders elected the new composition of the Board of Directors and considered other decisions on the other agenda items.

On June 20, 2019, Annual General Meeting of FESCO PLC shareholders (AGM) was held. Shareholders elected the new composition of the Board of Directors and considered other decisions on the other…
19 june 2019

FESCO Transportation Group (“FESCO”) expands its overland export routes’ geography and launches a regular container train from Krasnoyarsk to Beijing via Grodekovo (Primorsk Krai) / Sunfeihe (China) border check point.

FESCO Transportation Group (“FESCO”) expands its overland export routes’ geography and launches a regular container train from Krasnoyarsk to Beijing via Grodekovo (Primorsk Krai) / Sunfeihe…
18 june 2019

Since June 18, 2019 Igor Sharkov is appointed Director of FESCO Branch office in Vladivostok (“Branch office”). This decision was made by FESCO Board of Directors (FESCO Transportation Group’s head company).

Since June 18, 2019 Igor Sharkov is appointed Director of FESCO Branch office in Vladivostok (“Branch office”). This decision was made by FESCO Board of Directors (FESCO Transportation Group’s…
14 june 2019

FESCO Transportation Group ("FESCO") started seasonal transportation to Anadyr and Egvekinot, the ports of the Chukotka Autonomous Region, under the Northern Supply Haul.

FESCO Transportation Group ("FESCO") started seasonal transportation to Anadyr and Egvekinot, the ports of the Chukotka Autonomous Region, under the Northern Supply Haul.

6 june 2019

FESCO Transportation Group (“FESCO”) and Uralkhim OKhK AO will study cooperation potential in the field of mineral fertilizers’ transportation by railway and via regular sea lines. The relevant agreement on intentions was signed by Sergey Momtsemlidze, Director General, Uralkhim OKhK, and Alexander Isurin, President, FESCO Transportation Group, at Saint Petersburg International Economic Forum.

FESCO Transportation Group (“FESCO”) and Uralkhim OKhK AO will study cooperation potential in the field of mineral fertilizers’ transportation by railway and via regular sea lines. The relevant…
4 june 2019

FESCO Transportation Group (“FESCO”) launches new container route to deliver cargoes from mainland Russian cities to Kuril Islands via Commercial Port of Vladivostok (VMTP, a member of FESCO).

FESCO Transportation Group (“FESCO”) launches new container route to deliver cargoes from mainland Russian cities to Kuril Islands via Commercial Port of Vladivostok (VMTP, a member of…
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6 july 2020

The winners of the contest “Sea of opportunities” (the “Contest”) organized by FESCO Transportation Group (the “Group”, “FESCO”) are 32 social projects, including 15 projects of volunteers from FESCO staff, and the other projects presented by NPO and facilities of the Primorye Territory.

The winners of the contest “Sea of opportunities” (the “Contest”) organized by FESCO Transportation Group (the “Group”, “FESCO”) are 32 social projects, including 15 projects of volunteers from…
8 june 2020

FESCO Transportation Group (‘FESCO’, ‘the Group’) has started seasonal cargo transportation to the ports of the Chukotka Autonomous Area within the northern delivery program.

FESCO Transportation Group (‘FESCO’, ‘the Group’) has started seasonal cargo transportation to the ports of the Chukotka Autonomous Area within the northern delivery program.

12 may 2020
FESCO Transportation Group (‘FESCO’) has been expanding its geography of transit services and has launched a container train for expedited delivery of cars from the Heilongjiang province (China) to Belgium through the Suifenhe (China)/Grodekovo (the Primorye Territory) and Brest (Belarus)/Malaszewicze (Poland) border-crossing points.
FESCO Transportation Group (‘FESCO’) has been expanding its geography of transit services and has launched a container train for expedited delivery of cars from the Heilongjiang province (China) to…
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…
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25 may 2020
FESCO Transportation Group (the “Group” or “FESCO Group”) announces its operating and consolidated financial results for the twelve months ended 31 December 2019. The Group also informs that all audit procedures regarding 2019 IFRS consolidated financial statements have been completed. For the full version of the financial statements with notes, see the Investor Relations section of our website www.fesco.com.
FESCO Transportation Group (the “Group” or “FESCO Group”) announces its operating and consolidated financial results for the twelve months ended 31 December 2019. The Group also informs that all…
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…
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