Sergei Generalov has been elected a Chairman of the Board of Directors of Far Eastern Shipping Company OJSC. The decision was taken on November 24 by FESCO BOD, the company’s press center reports.
Former BOD Chairman Siman Povarenkin has left the position in order to focus on other business project not related to FESCO.
FESCO Transport Group created on the basis of Far Eastern Shipping Company is one of the leading container operators in Russia. In 2007, the Group’s throughput exceeded 2.4 million TEU.
The deadweight of the Group’s fleet exceeds 1 million tonnes. The Group’s rolling stock numbers over 17,000 units. The Group’s port transshipment facilities have the capacity exceeding 1.6 million TEU.
Besides FESCO the Group comprises National Container Company (Russia’s largest operator of container terminals co-managed the Group and First Quantum; Transgarant (one of Russia’s largest railway operators specializing in transportation of dry bulk cargo); Russkaya Troika CJSC (JV with Russian Railways OJSC, specializing in railway transportation of containers); FESCO ESF Ltd (feeder container carrier at the Baltic Sea); DalRefTrans (transportation of refrigerated cargo); Commercial Port of Vladivostok (one of the largest ports in the Far East of Russia ); FESCO Integrated Transport (the Group’s logistics operator).