Far Eastern Shipping Co. PLC (FESH)

Overview

The Far-Eastern Shipping Company PLC, established in 1880 and based in Moscow, Russia, stands as a comprehensive provider of transportation and logistics services both within Russia and globally. The company operates across five main divisions: Marine Division, Linear and Logistics Division, Railway Division, Port Division, and Fuel Division. These divisions collectively facilitate a wide range of services, including sea and coastal transportation, cargo forwarding, railway transportation, port operations, and fleet bunkering with petroleum products. Through its diversified operations, the Far-Eastern Shipping Company PLC addresses the complex logistics and transportation needs of its customers, showcasing a commitment to efficiency, reliability, and coverage across key transportation modes and nodes.

Products and Services

• Marine Division

Specializes in the sea and coastal freight transportation, offers management services for sea vessels, and renders maritime agency and mediation services. This division is crucial for businesses requiring transportation between foreign ports and the handling of import-export cargos through maritime routes.

• Linear and Logistics Division

Provides liner transportation and forwarding services tailored for both container and bulk cargo. This division ensures a seamless integration of shipping services with logistics and supply chain management, catering to the specific requirements of global trade.

• Railway Division

Focused on the transportation of container and bulk cargoes via railways, utilizing a fleet of locomotives, railway cars including covered wagons, pellet carriers, grain carriers, and cisterns, either owned or leased under financial lease agreements. This division supports the intermodal transportation needs by facilitating efficient land transportation services.

• Port Division

Engaged in a variety of port operations, including loading and unloading operations, stevedoring services, and the storage and leasing of containers. The division also offers various services connected with the port economy, ensuring smooth transition points for goods entering or exiting sea transportation.

• Fuel Division

Offers petroleum products for fleet bunkering purposes, serving the fuel needs of both the company’s fleet and external clients’ vessels. This division plays a key role in ensuring the operational efficiency and sustainability of maritime operations.