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News and events

News and events

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…
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).

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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…
30 december 2019
Given the recently spreading speculations and rumors regarding the changes in shareholders of FESCO Transportation Group ("FESCO"), Mr. Ziyavudin Magomedov, FESCO co-owner, announces that he is not going to sell his stake in the company categorically.
Given the recently spreading speculations and rumors regarding the changes in shareholders of FESCO Transportation Group ("FESCO"), Mr. Ziyavudin Magomedov, FESCO…
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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…
13 october 2017
Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for August 2017 and for the 2Q 2017 in accordance with the standstill and lock-up agreement between the Group and an ad hoc group of holders of the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020.
Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for August 2017 and for the 2Q 2017 in accordance with the…
5 october 2017

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Supplemental Practice Statement Letter in respect of the scheme of arrangement (the “Scheme”) launched on 29 September 2017 is circulated to implement the restructuring of the Group’s indebtedness under the outstanding the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”). 

Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Supplemental Practice Statement Letter in respect of the scheme of arrangement (the “Scheme”)…
29 september 2017
Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Practice Statement Letter in respect of a proposed scheme of arrangement (the “Scheme”) is circulated to implement the restructuring of the Group’s indebtedness (the “Restructuring”) under the outstanding the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”). 
Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) announce today that a Practice Statement Letter in respect of a proposed scheme of arrangement (the “Scheme”)…
22 september 2017

Far-Eastern Shipping Company PLC and its subsidiaries (together the «Group») announce today that noteholders representing more than 75% of the outstanding 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the «USD Notes») have entered into the standstill and lock-up agreement (the «LUA») to facilitate the implementation of the restructuring of the Group’s indebtedness under the USD Notes (the «Restructuring»).

Far-Eastern Shipping Company PLC and its subsidiaries (together the «Group») announce today that noteholders representing more than 75% of the outstanding 8.00% Senior Secured Notes due…
14 september 2017

Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for the period January-July 2017 in accordance with the standstill and lock-up agreement between the Group and an ad hoc group of holders of the 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020.

Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today its key financial and operational metrics for the period January-July 2017 in accordance with the…
14 september 2017

Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today that noteholders representing more than 50% of the outstanding 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”) have entered into the standstill and lock-up agreement (the “LUA”) to facilitate the implementation of the restructuring of the Group’s indebtedness under the USD Notes (the “Restructuring”).

Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today that noteholders representing more than 50% of the outstanding 8.00% Senior Secured Notes due 2018 and…
6 september 2017

Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today that the Group and an ad hoc group of bondholders (the “Ad Hoc Group”), representing 47.34% of the outstanding 8.00% Senior Secured Notes due 2018 and 8.75% Senior Secured Notes due 2020 (together the “USD Notes”), have agreed the key terms for restructuring the Group’s indebtedness under the USD Notes (the “Restructuring”) and have entered into a standstill and lock-up agreement (the “LUA”) to facilitate the implementation of the Restructuring.

Far-Eastern Shipping Company PLC and its subsidiaries (together the “Group”) announce today that the Group and an ad hoc group of bondholders (the “Ad Hoc Group”), representing 47.34% of the…
23 may 2017

FESCO PLC (the “Company”) announces signing an amendment agreement to the novation agreement №01 dated January 17, 2017 and a novation agreement №02 with the representative of the holders of the Company ruble bonds, series BO-01 (the “Bonds”), for deferring defaulted payments until October 27, 2017.

FESCO PLC (the “Company”) announces signing an amendment agreement to the novation agreement №01 dated January 17, 2017 and a novation agreement №02 with the representative of the holders of the…
2 may 2017
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company” and, together with its subsidiaries, the “Group”) announces today that it has postponed the publication of its IFRS consolidated financial statements for the year 2016 in view of the ongoing discussions with respect to the restructuring of the Group's indebtedness.
FAR-EASTERN SHIPPING COMPANY PLC (“FESCO”, or the “Company” and, together with its subsidiaries, the “Group”) announces today that it has postponed the publication of its IFRS consolidated…
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