FESCO and Chinese partners are determined to develop liner shipping services and grain export from Russia

11 November

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.

In accordance with the agreement between FESCO and Qingdao Port International Co., the parties will explore possibilities of lunching new services working through the port of Qingdao, and of FESCO providing empty containers in Qingdao port on a priority basis.

FESCO and Chongqing Longqilin Supply Chain Management Co. together will investigate prospects of expanding logistics services for transportation of agricultural products, primarily grain and oil, in containers from Russia to Chongqing city and Sichuan province. FESCO will arrange intermodal transportation from Russia, and Chongqing Longqilin Supply Chain Management Co. Will take over logistics in China.

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