FESCO transport group reorganizes the management system of its container business, the company’s press service said. In line with the company’s development strategy the Group decided to form a single logistics integrator, a company that would be responsible for management of the business directions and companies of FESCO, providing various types of container services.
The logistics integrator will be based on FESCO Integrated Transport LLC. (FIT). The new company will oversee the provision of services for maritime, rail and road transportation of containerized cargoes, handling at terminals, as well as integrated logistics services, intermodal shipping and services of refrigerated cargoes.
The main objective of restructuring is to increase efficiency and competitiveness of the container business of FESCO, as well as to improve customer services, the Group press service said. The new structure is designed to pursue this strategy through consolidation and vertical integration of management of the container business in a single center, with common standards of business, operational accounting and planning, and in the future - with a single client interface.
Implementation of this project will include several changes in FESCO’s businesses management structure. In particular, it is an integration of businesses of FIT LLC, FLV LLC and Transfes Marine Agency LLC on basis FIT company and the transfer of management authority of board of directors of the Group’s several companies that provide services for container transportation and terminal handling services, directly to FIT LLC for responsiveness to current market changes and clients needs.
Sergei Kostyan, appointed a member of the Board, Vice President and CEO of FIT LLC, will manage FESCO’ container business.
Former FIT’s CEO Sergei Grigorenko was appointed chief operating officer of FIT, effective Jan. 18, 2010. As of January 11, 2011 Dmitri Kurdakov was appointed managing director of FLV LLC and director of FIT’s Vladivostok branch. Mr. Kurdakov also is Acting CEO of Transfes MA LLC.
The logistics integrator will be based on FESCO Integrated Transport LLC. (FIT). The new company will oversee the provision of services for maritime, rail and road transportation of containerized cargoes, handling at terminals, as well as integrated logistics services, intermodal shipping and services of refrigerated cargoes.
The main objective of restructuring is to increase efficiency and competitiveness of the container business of FESCO, as well as to improve customer services, the Group press service said. The new structure is designed to pursue this strategy through consolidation and vertical integration of management of the container business in a single center, with common standards of business, operational accounting and planning, and in the future - with a single client interface.
Implementation of this project will include several changes in FESCO’s businesses management structure. In particular, it is an integration of businesses of FIT LLC, FLV LLC and Transfes Marine Agency LLC on basis FIT company and the transfer of management authority of board of directors of the Group’s several companies that provide services for container transportation and terminal handling services, directly to FIT LLC for responsiveness to current market changes and clients needs.
Sergei Kostyan, appointed a member of the Board, Vice President and CEO of FIT LLC, will manage FESCO’ container business.
Former FIT’s CEO Sergei Grigorenko was appointed chief operating officer of FIT, effective Jan. 18, 2010. As of January 11, 2011 Dmitri Kurdakov was appointed managing director of FLV LLC and director of FIT’s Vladivostok branch. Mr. Kurdakov also is Acting CEO of Transfes MA LLC.
FESCO Transport Group, formed on the basis of Far Eastern Shipping Company (FESCO) is a leading Russian container terminals operator. The Group owns a fleet of vessels of over 1 million DWT. FESCO’s own container fleet exceeds 50,000 TEUs. The total capacity of Group’s handling facilities at ports is over 1.6 million TEUs.