RUSAL and FESCO sign agreement for freight forwarding at port Novorossiysk
RUSAL and FESCO Integrated Transport LLC (FIT, FESCO Transportation Group) have signed an agreement for forwarding of up to 1 mln t of RUSAL’s export cargo via port Novorossiysk. FESCO says the contract is signed for one year.
RUSAL CEO Vladislav Soloviev said: “Port Novorossiysk has always been one of the major export channels for RUSAL. So we are interested in optimization of the logistic chain and new partners in the region “.
According to FESCO President Konstantin Sokolov, “The new contract has been signed within the framework of the activities aimed at attraction of extra cargoes. It will let diversify FESCO activities.”
He also added that the activities would be coordinated via FIT’s office in Novorossiysk to ensure maximum efficiency of the work on fulfillment of the contract obligations.
RUSAL is a leading, global aluminium producer. In 2013, the company accounted for some 8% of the global aluminium production and 7% of alumina production. The Company’s staff numbers about 67,000 employees. RUSAL operates in 19 countries on 5 continents and sells its products mainly in Europe, North America, Southeast Asia, Japan, China and Korea.
FESCO Transportation Group is one of the leading privately-owned transportation and logistics companies in Russia with operations in ports, rail, integrated logistics and shipping business. Diversified but integrated asset portfolio enables FESCO to provide door-to-door logistics solutions and control almost all steps of the intermodal transportation value chain. FESCO Group owns Commercial Port of Vladivostok OJSC, railway operator Transgarant, and Russkaya Troyka (50% joint venture with Russian Railways OJSC). FESCO operates a container park of over 36,000 containers and a fleet of 22 vessels, mostly deployed through own sea service lines, and 4 icebreakers leased under long-term contracts.
