OJSC "Far East Shipping Company (FESCO, is the major company of Transport Group FESCO) has entered on December 24th into an agreement with “MICEX Stock Exchange" for inclusion in the listing of ordinary non-documentary registered shares. As the report said the shipping company, the company authorities said.
Far East Shipping Company JSC is a shipping company transporting bulk and general cargoes. Seaborne freight by FESCO fleet, which consists of 67 vessels with a total deadweight of more than 900 thousand tons, covering virtually the entire world ocean. Net profit of JSC "FESCO" under RAS in the first quarter of 2009 increased by 31.8 times - up to 1.3 billion rubles.
Source: Port News