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2010 December 15   12:38

Hostile takeover attempt of VCT did not affect the operation of the terminal - FESCO

A corporate raid attempt of Vladivostok Container Terminal Ltd. (VCT) has not affected anyhow the operation of the terminal, which is operating normally, the FESCO Group commented with PortNews the statement of Maritime Transport Prosecutor's Office. FESCO (Far East Shipping Company) is the owner of VCT. "The unlawful activities had been successfully stopped, the investigation into the case is underway ", the FESCO press service said.

Vladivostok Container Terminal Ltd. (VCT) is a container terminal, operating on the territory of the port of Vladivostok. The terminal’s handling facilities allow transshipment of containers, and cargo of almost any size and weight. In 2009, container throughput of VCT fell by 15% y-o-y to 205,518 TEUs.

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