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Fesco opened new container service.

Fesco Transport Group opened Fesco St.Petersburg North America as new regular container service from USA to St.Pb. Port, as it was informed.

Fesco St.Petersburg North America is the second service from the Eastern coast of USA. In Sep. Fesco Black Sea Service North America launched the regular service to Novorossiysk and Sochi.

Fesco Transport Group is one of the largest transport logistic companies in Russia. It keeps own surface and ports infrastructure which permits to provide containers transportation.

The major portion of operations is concentrated in the Far East. The Group holds Vladivostok Sea Trading Port. It provides carriages under the Transgarant brand (wholly-owned sub of Fesco) and Russian Troika (JV set up with RZHD at par). Fesco keeps above 35ths containers with 56ths TEU in capacity. The Company provides services to Russian and foreign clients.

The IH 2013 net profit (IAS) gained $14mln vs. $61mln in losses; consolidated revenues dropped 4.3% to $557.3mln.

"AK&M", 28.10.2013


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