Kremlin nationalises FESCO

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Moscowā€™s Khamovniki District Court has complied with a lawsuit brought by Russiaā€™s Deputy Prosecutor General Igor Tkachev against the sh...

FESCO eyeing Novorossiysk-Alexandria service

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Russiaā€™s FESCO Transportation Group is planning to connect the countryā€™s Black Sea port of Novorossiysk with Egyptā€™s Alexandria, aimed...

Good and bad news for Ziyavudin Magomedov

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The Arbitration Court of Moscow has refused to secure a claim of Russiaā€™s Far Eastern Shipping Co against Ziyavudin Magomedov, its former ...

Moscow-backed tycoon moves on FESCO?

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Russian businessman Mikhail Rabinovich, a formerly minor shareholder of FESCO Transportation Group, has increased his stake to blocking stat...

DP World gets closer to FESCO

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DP World Russia, the joint venture of the UAE port operator and Russian Direct Investment Fund (RDIF), has signed a Letter of Intent to acqu...

FESCO for DP World?

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Russiaā€™s Federal Antimonopoly Service has extended the period during which it can consider DP Worldā€™s move to acquire a 49% stake in FES...

FESCO shares for DP World?

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Russian billionaire and Summa Group owner Ziyavudin Magomedov is reported to be negotiating to sell shares in FESCO to a consortium of DP Wo...

Baltic operators plough on

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The Russian economy, low oil prices and sanctions have continued to affect traffic levels this year, but there are several new initiatives i...

Russia looks to the East

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Economics and politics point up Russiaā€™s interest in developing better trade links with China and Southeast Asia....

Summa in for Russian Troika?

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It is reported that Russian Railways is considering selling its remaining stake in Russian Troika to Summa Group...