Container throughput of FESCO’s Port Division in 1H2015 decreased by 28.0% YoY to 174,570 TEU in line with negative market trends, the Group’s press center says.
General cargo volumes decreased by 17.2% YoY in 1H2015 to 1,055 thousand tons.
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.