The Far East Shipping Company (FESCO; ) is a Russia

Russia

Russia or , officially known as both Russia and the Russian Federation , is a country in northern Eurasia. It is a federal semi-presidential republic, comprising 83 federal subjects...

n ship-owning company and the base company of FESCO Group

Fesco Transport Group

FESCO Transportation Group is the largest intermodal transport operator in Russia, which provides its customers a wide range of services and logistical solutions, including marine shipping, rail transportation and port handling via more than 70 sales offices located around the world. The base...

. Founded in the 19th century in Vladivostok

Vladivostok

The city is located in the southern extremity of Muravyov-Amursky Peninsula, which is about 30 km long and approximately 12 km wide.The highest point is Mount Kholodilnik, the height of which is 257 m...

, the company now owns a fleet of 50 vessels, totaling 880 thsd DWT.

Share capital and management

FESCO is publicly traded at stock exchanges as , , . The major shareholder of FESCO is “Industrial Investors” (55.81%). East Capital holds 7.15% of the stock, 3.76% belong to EBRD, 13% - treasury stock and 20.28% - free float.
President and Chairman of the Executive Board of FESCO Transportation Group is Sergey Generalov.

Business description

FESCO has quite a number of international services in the Pacific Ocean, including services to and from People's Republic of China

People's Republic of China

China , officially the People's Republic of China , is the most populous country in the world, with over 1.3 billion citizens. Located in East Asia, the country covers approximately 9.6 million square kilometres...

, Republic of China (Taiwan), Hong Kong Special Administrative Region, Korean Republic, Japan

Japan

Japan is an island nation in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south...

, Vietnam

Vietnam

Vietnam – sometimes spelled Viet Nam , officially the Socialist Republic of Vietnam – is the easternmost country on the Indochina Peninsula in Southeast Asia. It is bordered by China to the north, Laos to the northwest, Cambodia to the southwest, and the South China Sea –...

, Singapore

Singapore

Singapore , officially the Republic of Singapore, is a Southeast Asian city-state off the southern tip of the Malay Peninsula, north of the equator. An island country made up of 63 islands, it is separated from Malaysia by the Straits of Johor to its north and from Indonesia's Riau Islands by the...

, Malaysia, Indonesia

Indonesia

Indonesia , officially the Republic of Indonesia , is a country in Southeast Asia and Oceania. Indonesia is an archipelago comprising approximately 13,000 islands. It has 33 provinces with over 238 million people, and is the world's fourth most populous country. Indonesia is a republic, with an...

, Thailand

Thailand

Thailand , officially the Kingdom of Thailand , formerly known as Siam , is a country located at the centre of the Indochina peninsula and Southeast Asia. It is bordered to the north by Burma and Laos, to the east by Laos and Cambodia, to the south by the Gulf of Thailand and Malaysia, and to the...

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

 as well as Canada

Canada

Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...

 and the Continental United States.

FESCO's fleet of sea vessels includes large icebreaker

Icebreaker

An icebreaker is a special-purpose ship or boat designed to move and navigate through ice-covered waters. Although the term usually refers to ice-breaking ships, it may also refer to smaller vessels .For a ship to be considered an icebreaker, it requires three traits most...

s, ro-ro vessels, container vessels, ice-breaking cargo vessels, bulk-carriers, timber-ships, and supplier vessels.

The fleet operated by FESCO is enabled to provide cargo transportation in ports with limited navigation period, including unloading operations to non-facilitated shore. Moreover, the company is the biggest operator of Russian ice-breaking fleet.