FESCO increases area of container warehouse in Commercial Port of Vladivostok by 20%
FESCO Transportation Group (“FESCO”, the “Group”) intends to increase the total area of container warehouse in Commercial Port of Vladivostok (CPV, a FESCO company) by 20% by 2025.
FESCO and Russian Railways dispatch a record number of double trainsets from Vladivostok
FESCO Transportation Group (“FESCO”) and Far Eastern Railway (a branch of JSCo “RZD”) have dispatched twelve double container trainsets from Commercial Port of Vladivostok (a FESCO company) within ...
FESCO dispatches a batch of electric cars from China to Russia for the first time
FESCO Transportation Group (“FESCO”, the “Group”) has for the first time organized dispatch of new electric cars from the Chinese city of Guangzhou to Moscow via border crossing Khorgos/Altynkol (C...
FESCO dispatches 53 container trains in a week from Vladivostok
In early January, FESCO Transportation Group (“FESCO”, the “Group”) dispatched 53 container trains from Vladivostok in one week, which is an absolute record for the Group.
FESCO boosts volumes of foreign trade operations via ports of the Far East by 38% in 2022
As per results of 2022, FESCO Transportation Group (“FESCO”, the “Group”) has increased the volume of transportations by sea foreign trade services via ports of the Far East by 38% compared to 2021...
Following decision of Khamovnichesky District Court of the city of Moscow and in response to numerous appeals from mass media, customers and partners FESCO Transportation Group (“FESCO”, the “Group...
FESCO launches an intermodal service from China, Korea and Japan to Moscow via port Nakhodka
As part of expansion of its own network of routes FESCO Transportation Group (“FESCO”, the “Group”) organized a new intermodal service from China, the Republic of Korea and Japan to Moscow via port...
FESCO (parent company of FESCO Transportation Group, the “Group”) announces its fulfillment of obligations to holders of exchange-traded bonds series BO-01 and full repayment of the issue.
London court approves FESCO Eurobond restructuring debt
The High Court of Justice of England and Wales has approved a Scheme of Arrangement proposed by the FESCO transport Group to restructure $550 million in 2018 and $325 million in 2020 notes, PJSC Far E...
Russia's VTB bank to open Fesco credit line of up to $680 mln
Russian transportation group Fesco said on Tuesday it
had opened a credit line of up to $680 million with the country's
second-biggest lender VTB bank.
Debt restructuring agreement with holders of FESCO Eurobonds nearly achieved - Summa CEO
A debt restructuring agreement with the holders of FESCO Eurobonds has nearly been reached with only technical details remaining, Summa Group CEO Leyla Mammad Zada told Interfax on the sidelines of th...
Far East Shipping company (FESCO) (MOEX: FESH), the parent company of the FESCO Transport Group, is beginning regular service for shipment of less than a container load (LCL) from China to Russia, the...
FESCO companies consolidate blocking stake in TransContainer
The stake in TransContainer (MOEX: TRCN) indirectly controlled by Far East Shipping Company (FESCO) (MOEX: FESH) has increased to 25.07% from 24.35%, TransContainer said in a statement.
FESCO optimizes spending by $35 mln in 9M - company head
FESCO Group has carried out an optimization program and cut spending by $35.1 million, FESCO President Alexander Isurin said during a conference call for analysts on Monday.
FESCO core shareholder in hopes to agree restructuring plan with Eurobond holders in Dec
The FESCO transport group's core shareholder hopes to agree a debt restructuring plan with the holders of Eurobonds before the end of the year. According to a schedule presented in the summer, thi...
