Fesco Transportation Group has opened a subsidiary in Vietnam to develop maritime and intermodal container transportation in Southeast Asia. Company, named DBF Logistics Vietnam, has two full-fledged offices in the Vietnamese cities of Ho Chi Minh City, Hai Phong, as well as a commercial representative office in the capital Hanoi.

Fesco has organized a sea container service between Novorossiysk and Kenya's largest port, Mombasa. Transit time between Kenya and Novorossiysk will be about 43 days. Export cargo traffic is based on construction materials, fertilizers, metals, polymers, wood products, paper and pulp; import traffic is based on tea, coffee, nuts and other agricultural produc...

Fesco Transportation Group has launched the FESCO China Direct Line-5 container line, which will directly connect Shanghai and Vladivostok Commercial Sea Port. Transit travel time will be three days, and the frequency of shipments will be once a week. Line will be served by two container ships from Fesco's fleet with a total capacity of about 3,200 TEU. With...

Ziyavudin Magomedov's company recognized Fesco's claims during a recent public hearing in the High Court of England and Wales. Proceedings concerned the recovery of debts to the group company in excess of $1 billion.