April 13 2022
After the departure of foreign companies, the number of FESCO ship calls increased
PJSC “Vladivostok Commercial Sea Port” (VMTP), part of the FESCO Transportation Group plans to process 757 thousand TEU in 2022, said Mrs. Elena Kazarina, Director of VMTP Commercial Department. According to her, in the I quarter of 2022, the port container turnover grew by 10%.
“We plan to handle the same volume of cargo in TEU as in 2021 (757 thousand TEU – ed. note), there is a drawdown for a certain period of time, but by the end of the year it can be made up. The processing of the ships in the port has increased,” added Mrs. Kazarina.
The total cargo turnover of VMTP in 2021 increased by 16% (in tons) compared to the level of 2020: cargo transshipment amounted to 13.3 million tons, container turnover – 757 thousand TEU (+13%).
PJSC “Far Eastern Shipping Company” is the parent company of the FESCO group, a private transport and logistics company in Russia with assets in the field of port, railway and integrated logistics business. The Group owns VMTP, the railway operator “Transgarant”, and a 50% stake in the fitting platform operator “Russkaya Troika” (a joint venture with “Russian Railways”). FESCO manages about 36 thousand containers. The group’s fleet includes 20 transport vessels.
The main indirect shareholders of FESCO are Mr. Andrey Severilov – 23.8% of shares, Mr. Mikhail Rabinovich – 26.5%, Mr. Ziyavudin Magomedov – 32.5%. About 17% of the shares are owned by other minor shareholders or are in free float.