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Tag: FESCO

FESCO’s profit and revenue soar in 2021

Russian FESCO Transportation Group has achieved revenues of more than US$1.4 billion in 2021, marking a significant increase of 83% compared to 2020 figures,...

FESCO acquires 9,000 new containers

FESCO Transportation Group has acquired 9,000 new containers as part of the implementation of its development strategy. With this action, the fleet of the Russian...

FESCO’s Commercial Port of Vladivostok proceeds with digital projects

FESCO Transportation Group, NtechLab, a company in the field of computer vision and a technology partner of Rostec State Corporation and BINOM, the official...

Global Ports moves Kalmar equipment from FCT to VSC

The Russian container terminal operator, Vostochnaya Stevedoring Company (VSC) has received four Kalmar straddle carriers CSC 340 to strengthen the handling capabilities of VSC...

Ship and rail partnership uses flexitanks for China oil delivery

FESCO Transportation Group (FESCO) and logistics operator Rail Cargo Logistics – RUS organised the first transportation of canola oil in containers equipped with flexitanks,...

FESCO launches new intra-Russia rail service

FESCO Transportation Group has launched FESCO Ob Amur Shuttle – a container train connecting Novosibirsk and Khabarovsk. The trains will depart once a week from...

FESCO/DP World rumours still floating

Rumours of a major equity acquisition by DP World Russia in the Russian carrier FESCO have resurfaced as the Middle Eastern Gulf terminal operator...

FESCO relocates four gantry cranes in Russia

FESCO Transportation Group (FESCO) has performed relocation of four Liebherr rubber tyred gantry (RTG) cranes from Petrolesport (part of Global Ports Group) in St....

TransContainer acquires 25% of FESCO

FESCO Transportation Group (“FESCO”, the “Group”) announced yesterday (Oct. 23) that the Group's companies have completed the sale of their 25.1% stake in PJSC...

New service by Fesco & Hyundai Glovis

FESCO Transportation Group and Hyundai Glovis Co. Ltd, one of the largest logistics companies in South Korea specialized in shipments of cars and car...
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Port of Savannah achieves box volume records amid major expansion projects

The Port of Savannah in Georgia, US has handled 4.75 million TEU in the ten months of the fiscal year 2022 (July 2021 -...

Port of Barcelona presents its innovative aspirations through a new plan

Port of Barcelona has launched an innovation Plan in order to coordinate the promotion, under the same umbrella, of the various projects that change the...

Maersk introduces new Middle Corridor rail service

A.P. Moller - Maersk has decided to launch a new service linking China and Europe via Kazakhstan, Azerbaijan, Georgia, and Romania in about 40...

India to link 27 additional ports through rail network

India has now planned to connect 27 more ports through rail connection for faster transportation of cargoes. In this regard, Indian Railways will lay...