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News and events

News and events

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.

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…
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…
22 april 2020
FESCO Transportation Group (‘FESCO’) added a new vessel – bulk carrier ‘FESCO ULISS’ – to its fleet. The vessel started its first voyage on 17 April 2020. ‘FESCO ULISS’ is transporting equipment for wind-power stations from China to the port of Kopmanholmen in Sweden.
FESCO Transportation Group (‘FESCO’) added a new vessel – bulk carrier ‘FESCO ULISS’ – to its fleet. The vessel started its first voyage on 17 April 2020. ‘FESCO ULISS’ is transporting equipment for…
17 april 2020
FESCO Transportation Group’s (‘FESCO’) diesel motor vessel Vasiliy Golovnin successfully finished the Antarctic expedition of 2020. The vessel delivered cargoes for two Indian and one Belgian research stations. The expedition lasted for three and a half months; the vessel returned to the port of Cape Town (South Africa) on 10 April 2020.
FESCO Transportation Group’s (‘FESCO’) diesel motor vessel Vasiliy Golovnin successfully finished the Antarctic expedition of 2020. The vessel delivered cargoes for two Indian and one Belgian…
16 april 2020
50 requests were received in the ‘Sea of opportunities’ social projects contest (the ‘Contest’) organized by FESCO Transportation Group (‘FESCO’, the ‘Group’).
50 requests were received in the ‘Sea of opportunities’ social projects contest (the ‘Contest’) organized by FESCO Transportation Group (‘FESCO’, the ‘Group’).
3 april 2020
FESCO Transportation Group (‘FESCO’) provided complex agent services for the vessel which was used to transport the platform Odyssey (the launch complex of the Sea Launch floating spaceport) to the port of Slavyanka (the Primorye Territory).
FESCO Transportation Group (‘FESCO’) provided complex agent services for the vessel which was used to transport the platform Odyssey (the launch complex of the Sea Launch floating spaceport) to the…
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…
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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…
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…
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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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