Fesco, the Russian shipping and logistics group, said a 5 billion roubles ($156 million) domestic bond issue was more than 2 ½ times oversubscribed.
Russia
04 Jun 2013
Fesco’s first quarter profit dipped 3.8 percent from a year earlier as the Russian shipping, port, rail freight and logistics group sold almost half of its vessels.
31 May 2013
Russia’s Global Ports confirmed it is in negotiations to acquire its domestic rival National Container Co.
29 May 2013
U.S. containerized exports were up 5 percent in February 2013 year-over-year, reaching 1,011,874 20-foot-equivalent units, according to advance figures from PIERS, a JOC sister company.
28 May 2013
Russian rail freight operator Globaltrans denied reports it is negotiating a merger with domestic rival Nefte TransService.
20 May 2013
Novorossiysk Commercial Sea Port Group reported consolidated cargo turnover from January to April 2013 was 49.5 million metric tons, compared with 55.3 million metric tons in the same period last year.
17 May 2013
Fesco, the operator of Russia’s largest ocean carrier, has successfully sold $75 million of corporate bonds, just weeks after it closed on a $800 million bond sale.
13 May 2013
CaroTrans has expanded its network into the Baltic and Commonwealth of Independent States, including Russia.
10 May 2013
The International Transport Workers’ Federation and its affiliated maritime unions in Bulgaria, Georgia, Romania, Russia, Turkey and Ukraine are aiming to improve safety and working conditions...
08 May 2013
NUTEP, a container terminal operator in the Black Sea Port of Novorossiysk, has completed the latest phase of its development program with the upgrade of its railway facilities.
06 May 2013
Cosco, Hanjin Shipping and Yang Ming will launch a joint Russia-Finland service later this month.
Jun 5, 2013 2:00PM EDT