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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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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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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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