1. Home
  2. Maritime industry news - PortNews
  3. FESCO Transportation Group extended REPO loan

2015 December 16   17:20

FESCO Transportation Group extended REPO loan

FESCO Transportation Group (MOEX: FESH) has signed a credit agreement to extend the REPO loan for 1 year, says FESCO.

The EUR 61.6 mln REPO loan is secured against TransContainer shares and GDRs, representing a 24.1% stake. The loan was provided in December 2014 for one year and now is extended until December 2016.

The loan has no recourse to members of the restricted group as per terms and conditions of Senior Secured Notes.

Topics:

FESCO

On Main

To the newsfeed

News 2025 January 20

10:48

Hapag-Lloyd adjusts Congestion Surcharge for dry cargo shipping to South Africa from Europe

10:25

GTT and China Offshore sgn strategic agreement in Shanghai

2025 January 19

15:46

Industry executives: Red Sea too risky even after Gaza ceasefire – MarineLink

14:19

Kongsberg Maritime delivers first USV Rreach Remote

13:18

Hapag-Lloyd's current fleet total capacity reached 2.34 million TEUs

11:32

MSC eyes development of new Italian terminal

10:18

CNC resumes NKT service with enhanced coverage and frequencies

09:58

Port of Long Beach marks 20 years of leading green

2025 January 18

15:35

BOEM finalizes fisheries mitigation guidance

12:11

Sanmar contracted to build fully electric ASD tug for major global operator

11:28

ML - ME8, the final standalone Maersk Line service on Asia - Europe to be suspended

10:07

Canada’s OSC announces three new ocean innovation projects worth more than $9 million

2025 January 17

18:05

Shipping industry implements new safety measures for charcoal transport

17:06

Electric сatamaran for Norderney successfully completes acceptance runs

16:35

Ostseestaal to build all-electric ferry for Heligoland

16:15

Burger to build new tour boat for Chicago’s Wendella

15:36

Damen cuts steel on latest Island Class vessel for BC Ferries

15:09

UK Government to invests £30 mln in clean maritime innovation

14:50

BYD launches world's largest car carrier, "BYD Shenzhen"

14:24

China retains top spot in global shipbuilding for 15th straight year

12:31

Van Oord completes key phase of Constanta beaches reinforcement project in Romania

12:15

DNV white paper warns of supply constraints for biofuels in shipping

11:45

Hudong-Zhonghua Shipbuilding names QatarEnergy’s fourth LNG carrier ‘LIMAIL’ ahead of schedule

11:16

MERC highlights fleet efficiency as critical for IMO mid-term GHG targets

10:52

MABUX: Bunker price trends in the world's largest hubs, Jan 13-17, 2025

10:41

Adriatic Gate Container Terminal welcomes Bora Med Service

10:11

AD Ports Group signs agreements with KazMorTransFlot and Kazakh National Oil Company

09:48

Cavotec signs EUR 7 mln in shore power orders for Italian ports

2025 January 16

18:05

Allseas partners with MacArtney for electric LARS systems

17:34

Reach Subsea delivers first uncrewed surface vessel, REACH REMOTE 1