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News and events

News and events

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…
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…
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…
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4 september 2019

FESCO Transportation Group («FESCO») and Polish rail operator PCC Intermodal S.A. agreed on developing services of expedited cargo delivery from Japan, South Korea and China to European countries and vice versa through the Far East and Trans-Siberian Railway. The agreement of intent was signed during the Eastern Economic Forum.

FESCO Transportation Group («FESCO») and Polish rail operator PCC Intermodal S.A. agreed on developing services of expedited cargo delivery from Japan, South Korea and China to European countries…
4 september 2019

Russian Railways PJSC («RZD») and FESCO Transportation Group («FESCO») are launching a service for electronic document flow for intermodal shipments of import freight through the Commercial Port of Vladivostok («VMTP», is part of FESCO Transportation Group), hence being able to reduce transit time by 4 days – from 5 days to 21 hours. The first container freight shipping with the documents processed electronically was made September 4th, 2019, in VMTP in presence of Aleksandr Misharin (the first deputy general director of Russian Railways PJSC) and Yurij Tsvetkov (Deputy Minister of transport of Russia).

Russian Railways PJSC («RZD») and FESCO Transportation Group («FESCO») are launching a service for electronic document flow for intermodal shipments of import freight through the Commercial Port…
2 september 2019

FESCO Transportation Group (“FESCO”) and the National Center for Polar and Ocean Research (NCPOR) of the Ministry of Earth Sciences of India have extended the contract for supplying India’s research stations in Antarctica.

FESCO Transportation Group (“FESCO”) and the National Center for Polar and Ocean Research (NCPOR) of the Ministry of Earth Sciences of India have extended the contract for supplying India’s…
26 august 2019

FESCO Transportation Group (“FESCO”) has been expanding its geography of inland export services and has launched a regular container train from Khabarovsk Territory to Harbin (the Heilongjiang province, China) through the Grodekovo (the Primorye Territory) / Suifenhe (China) border-crossing point. 

FESCO Transportation Group (“FESCO”) has been expanding its geography of inland export services and has launched a regular container train from Khabarovsk Territory to Harbin (the…
23 august 2019

FESCO PJSC (parent company of FESCO Transportation Group) is extending the period of receiving the acceptances of holders of ruble bonds series BO-01 and BO-02 on public offers published earlier. Dates of payments and other conditions of offers remain unaltered.

FESCO PJSC (parent company of FESCO Transportation Group) is extending the period of receiving the acceptances of holders of ruble bonds series BO-01 and BO-02 on public offers published earlier…
8 august 2019

FESCO Transportation Group (the “Group”, “FESCO”) announces changes in the Executive Board of FESCO PLC (parent company of the Group).

FESCO Transportation Group (the “Group”, “FESCO”) announces changes in the Executive Board of FESCO PLC (parent company of the Group).

31 july 2019

As part of development of cooperation with the Republic of the Philippines naval forces, FESCO Transportation Group («FESCO») was providing complex agent’s service for “Davao-del-Sur” landing helicopter dock during its arrival to the Vladivostok port.

As part of development of cooperation with the Republic of the Philippines naval forces, FESCO Transportation Group («FESCO») was providing complex agent’s service for “Davao-del-Sur” landing…
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…
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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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