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 sanctio...
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 a...
FESCO held a business mission in Henan province with support of the Trade Mission of Russia in China and the Russian Export Center
26 October
FESCO held a business mission in Henan province with support of the Trade Mission of Russia in China and the Russian Export Center
With support of the Trade Mission of Russia in China and the Russian Export Centre FESCO Transportation Group held a business mission in the city of Zhengzhou. The main aim of the business mission...
FESCO obtains shareholders’ approval for Guarantee in respect of the Notes
24 October
FESCO obtains shareholders’ approval for Guarantee in respect of the 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 guarantee...
Key financial and operational metrics for August 2017 and for the second quarter 2017
13 October
Key financial and operational metrics for August 2017 and for the second quarter 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 standst...
FESCO circulates Explanatory Statement and Notice of Scheme Meeting pursuant to proposed Scheme
11 October
FESCO circulates Explanatory Statement and Notice of Scheme Meeting pursuant to proposed Scheme
Far-Eastern Shipping Company PLC and its subsidiaries (together, the “Group”) has issued a notice that, by an order dated 11 October 2017, the High Court of Justice of England and Wales (the "Cour...
FESCO circulates Supplemental Practice Statement Letter
05 October
FESCO circulates Supplemental Practice Statement Letter
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”) la...
FESCO Circulates Practice Statement Letter and Launches Scheme of Arrangement
29 September
FESCO Circulates Practice Statement Letter and Launches Scheme of Arrangement
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 circul...
Over 75% of Noteholders sign Standstill and Lock Up Agreement with FESCO
22 September
Over 75% of Noteholders sign Standstill and Lock Up Agreement with FESCO
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 ...
FESCO successfully delivered hydraulic equipment of Power machines weighing over 500 tons to the Krasnoyarsk power plant
21 September
FESCO successfully delivered hydraulic equipment of Power machines weighing over 500 tons to the Krasnoyarsk power plant
FESCO Transportation Group successfully delivered two hydraulic turbine wheels manufactured at the Leningrad Metal Works (a Power machines company) to the Krasnoyarsk hydropower plant. Each wheel ...
Key financial and operational metrics for the period January-July 2017
14 September
Key financial and operational metrics for the period January-July 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 stands...
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