FESCO reduces delivery time from 31 to 20 days for each third container transported from Shanghai to Moscow
20 December
FESCO reduces delivery time from 31 to 20 days for each third container transported from Shanghai to Moscow
Over the year of implementing the project “Shanghai-Moscow in 20 days”, from December 2016 FESCO Transportation Group has reduced the average time of cargo delivery from Shanghai to Moscow by six ...
Commercial Port of Vladivostok Handled Record Cargo Volumes – 7 Million Tons for 11 Months
12 December
Commercial Port of Vladivostok Handled Record Cargo Volumes – 7 Million Tons for 11 Months
Commercial Port of Vladivostok (the "Port", part of FESCO Transportation Group) has set an overtime record on cargo volumes handled: for 11 months 2017 the Port has handled more than 7 mln tons of...
FESCO transported 21 000 tons of cargo to northern Russia
07 December
FESCO transported 21 000 tons of cargo to northern Russia
FESCO vessels transported national economic goods for Chukotka Autonomous Okrug and other regions of the Russian Federation during northern delivery of cargoes-2017.
During holiday season, FESCO offers free container storage in Commercial Port of Vladivostok
06 December
During holiday season, FESCO offers free container storage in Commercial Port of Vladivostok
Customers will enjoy free storage of containers during winter holidays.
FESCO delivered the first batch of equipment to the Haval car plant under construction and launched new China-Russia train via Mongolia
04 December
FESCO delivered the first batch of equipment to the Haval car plant under construction and launched new China-Russia train via Mongolia
Under the contract executed with Haval Motor Manufacturing Rus LLC (a subsidiary of Great Wall Motors, a Chinese car manufacturer) FESCO Transportation Group (“FESCO”, the “Company”) delivered the f...
FESCO confirmed compliance with International Standards 11/28/2017
28 November
FESCO confirmed compliance with International Standards 11/28/2017
Classification society Russian Maritime Register of Shipping (RS) has conducted an Integrated Control System (ICS) external audit for FESCO for compliance with the International ISO 9001:2008 stan...
FESCO announces completion of restructuring process in respect of USD Notes
21 November
FESCO announces completion of restructuring process in respect of USD Notes
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 N...
FESCO delivered equipment from Shanghai to Moscow for Chinese CRCC to construct the Moscow metro stations
21 November
FESCO delivered equipment from Shanghai to Moscow for Chinese CRCC to construct the Moscow metro stations
FESCO Transportation Group has completed transportation of five tunnel-boring shields from Shanghai to Moscow for Chinese corporation CRCC. The equipment will be used to construct stations of the ...
FESCO to deliver production equipment to Great Wall Motors plant being built in the Tula region
16 November
FESCO to deliver production equipment to Great Wall Motors plant being built in the Tula region
FESCO Transportation Group will deliver production equipment to the Haval car plant, which is under construction in the Tula region. The contract was signed between FESCO Integrated Transport LLC ...
FESCO announces court sanction of scheme of arrangement
07 November
FESCO announces court sanction of scheme of arrangement
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 sanction...
VTB Bank and FESCO have executed a credit facility for up to USD 680 million to restructure the bulk of the Group's debt
07 November
VTB Bank and FESCO have executed a credit facility for up to USD 680 million to restructure the bulk of the Group's debt
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 ...
FESCO announces results of Scheme Meeting
27 October
FESCO announces results of Scheme Meeting
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 ar...
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