FESCO Transport Group increased foreign trade cargo transport through Far East ports by 19% in the first half of 2022 year-on-year, from 110,000 to 131,000 TEUs, according to the Group’s press center.
“During the first half of the year, FESCO managed to show good results from its foreign trade services. Exports from Russia’s Far Eastern ports to countries in the Asia-Pacific region increased by 21%, while imports increased by 18%,” comments German Maslov, Vice President, Linear and Logistics Division of FESCO.
Growth was demonstrated by the following services: FESCO China Express (FCXP), FESCO Korea Express (FKXP), Japan Trans Siberia Line (JTSL). The increase was particularly driven by the launch of FESCO Vietnam Direct Line (FVDL) in May 2022. In early August, FESCO vessels involved in the new service completed four voyages and carried 2,050 TEUs of export cargo and 2 200 TEU import freight. .
In 2022-2023, FESCO will continue to expand foreign trade lines by launching new services and increasing capacity on traditional routes (China, Korea, Japan, Turkey) and new ones (Vietnam, Indonesia, India, Taiwan and other southern countries). -East Asia).
FESCO Transportation Group is one of the leading public transport and logistics companies in Russia with operations in ports, rail, integrated logistics and maritime activities. A diversified yet integrated asset portfolio enables FESCO to provide door-to-door logistics solutions and control nearly every stage of the intermodal transport value chain. FESCO controls the commercial port of Vladivostok, rail operators Transgarant and Dalreftrans, container platform operator Russkaya Troyka, dry terminals in Novosibirsk, Khabarovsk and Tomsk. FESCO operates more than 100,000 containers and around 9,000 container platforms. FESCO’s fleet consists of 21 vessels deployed mainly on its own maritime service lines.