What FESCO does

FESCO Transport Group (legal name: PJSC Far Eastern Shipping Company / ПАО «ДВМП», ticker FESH on Moscow Exchange) is a Russian multimodal transport and logistics operator founded in 1881. The company is publicly listed but controlled by state nuclear corporation Rosatom, which holds a 92.4% stake being contributed to a logistics joint venture with UAE-based port operator DP World (Rosatom 51%, DP World 49%). FESCO owns and operates the Vladivostok Sea Trading Port (VMTP), a 200,000+ TEU container fleet, 30+ vessels, 15,000+ rail wagons, and six terminal complexes, running 90+ container trains per week on routes linking Vladivostok to Moscow, St. Petersburg, Novosibirsk, and international destinations. The company reported a workforce of more than 6,000 across port operations, shipping fleet, rail terminals, and corporate offices.

The service portfolio spans dedicated maritime lines (FVDL to Vietnam, FCDL to China, JTSL to Japan/Trans-Siberian, KSDL to Korea, FTBS to Turkey/Black Sea, FBOL to the Baltic, plus Indian Ocean and ASEAN services), more than fifteen named rail shuttle services across Russia, CIS (Minsk, Tashkent), and China border crossings (FALB, Katyusha Shuttle), the Rail Jet express service, refrigerated cargo transport via subsidiary DalRefTrans (temperature range -25 to +25°C), customs brokerage, supply chain management, and project logistics for oversized and hazmat cargo. A proprietary multimodal FESCO bill of lading enables single-document shipments across sea, rail, and road. Digital channels include the My FESCO customer portal for self-service booking, tracking, and rate calculation, and the FESCO Trucks platform for road freight contractor management; FESCO Academy provides vocational training including VR-simulator-based courses.

FESCO generates revenue primarily through transaction-based freight fees (per-container / per-TEU on maritime and rail moves), supplemented by asset rental (container, wagon, vessel chartering), customs and supply chain professional services, and refrigerated transport subscriptions. Go-to-market combines enterprise field sales through regional offices in Moscow, St. Petersburg, Vladivostok, Novorossiysk, Novosibirsk, Khabarovsk, Anadyr, Magadan, Yuzhno-Sakhalinsk, Petropavlovsk-Kamchatsky, Kholmsk, Kaliningrad, and Chengdu (new in 2026), with self-service digital booking via My FESCO for SMB and mid-market customers, and freight-forwarder/agent channels for international cargo origination. End customers span importers/exporters, domestic Russian shippers (including Far East and North Supply Program clients), CIS trade partners, and industry-specific freight verticals — automotive, agriculture, chemicals, fashion, and perishables.

Name

FESCO

Legal name

PJSC Far Eastern Shipping Company (ПАО «Дальневосточное морское пароходство», ПАО «ДВМП»)

Website

https://fesco.ru

Company type

Public

Founded year

1881

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

FESCO is a Russian multimodal logistics operator (founded 1881) offering maritime, rail, port, and road freight under a single bill of lading. It owns Vladivostok Sea Trading Port and a 200,000+ TEU container fleet, serving importers, exporters, and manufacturers across Russia, Asia, CIS, Turkey, and Africa.

Ownership category

akta.pro rank

Product category

Multimodal Freight Transport & Logistics Services

NAICS

Deep Sea Freight Transportation (483111), General Freight Trucking, Long-Distance (48412), Freight Transportation Arrangement (488510), Marine Cargo Handling (488320)

SIC

Deep Sea Foreign Transportation Of Freight (4412), Arrangement Of Transportation Of Freight & Cargo (4731), Trucking (No Local) (4213), Trucking & Courier Services (No Air) (4210), Public Warehousing & Storage (4220)

akta.pro primary industry

Intermodal Container Transload (Port/Drayage Support) (TLALAFAI)

akta.pro secondary industries

Perishables & Fresh Produce Forwarding (Food/Seafood/Floral) (TLACAJAA), Project Cargo & Heavy-Lift Transload (TLALAFAL)

Keywords

• Multimodal freight transport
• Container shipping services
• Railway container logistics
• Port terminal operations
• Intermodal transportation

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices18 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Infrastructure, Technology or R&D, Marketing or Sales

Revenue model

1. Maritime container shipping: Revenue from regular maritime container line services including FVDL (Vietnam), JTSL (Japan), KSDL (Korea), FBOL (Baltorient), FTBS (Turkey Black Sea), FCDL (China Direct), and others. Customers pay freight rates for sea container transport, with revenue tied to volume and rates per TEU.
2. Railway freight services: Revenue from scheduled block train services (over 90 container trains per week) across Russia and to/from China, Belarus, Kazakhstan, Uzbekistan. Income from rail freight rates, including intermodal services via Vladivostok, Novorossiysk, and St. Petersburg.
3. Port terminal operations: Revenue from the Vladivostok Sea Trading Port (ВМТП) for cargo handling, stevedoring, storage, and related port services. Also includes revenue from terminals in Novosibirsk, Khabarovsk, Tomsk, and other locations.
4. Asset operation services: Revenue from vessel chartering (фрахт судов), container rental (аренда контейнеров), wagon rental (аренда вагонов), ship agency (судовое агентство), and ship maintenance services. Customers rent FESCO-owned containers, vessels, and rolling stock.
5. Refrigerated transport: Revenue from specialized refrigerated (reefer) container transport for perishable goods (meat, dairy, fish, pharmaceuticals, produce). FESCO operates a fleet of reefer containers with temperature range from -25 to +25°C.
6. Road transport services: Revenue from truck transport services within Russia and international corridors, including the FESCO Trucks platform for managing road freight.
7. Customs and logistics services: Revenue from ancillary services including customs clearance (таможенные услуги), supply chain management (управление цепями поставок), project logistics (проектная логистика), and cargo consolidation.
8. Northern Sea Route development: Strategic revenue stream under development through the DP World–Rosatom joint venture, targeting Arctic shipping corridors along Russia's northern coastline as an alternative trade route.

Pricing tiers

Go-to-market motion2 records

Distribution channels6 records

Marketing channels10 records

Core offering

FESCO provides multimodal container freight transport combining maritime container shipping (regular line services to Vietnam, China, Japan, Korea, Turkey, India and the Baltic), scheduled railway block-train shuttles across Russia and to CIS countries, and the owned Vladivostok Sea Trading Port for terminal handling. The company also offers refrigerated container transport (-25 to +25°C), customs clearance, supply chain management, project logistics, container/wagon rental, and vessel chartering, supported by the My FESCO digital portal and the FESCO Trucks platform.

Product overview

FESCO (Transport Group) is one of Russia's largest transport and logistics companies, offering integrated multimodal transportation services. The core offering centers on container shipping across maritime lines (FVDL for Vietnam-Russia, FCDL for China, JTSL for Japan, KSDL for Korea, FTBS for Turkey, FBOL for Baltic), supplemented by extensive railway shuttle services (FALB Asia Land Border, FESCO Katyusha, and 15+ domestic rail routes), and the Rail Jet express service. Asset-heavy operations include the Vladivostok Sea Trading Port (VMTP), owned fleet of 30+ vessels, 200,000 TEU container park, 15,000+ rolling stock units, and 6 terminals. Digital platforms include the Мой FESCO personal account for shipment management and tracking, and FESCO Trucks for road freight. Temperature-controlled logistics (refrigerated containers), customs brokerage, and supply chain management round out the service portfolio. The group also operates FESCO Academy for professional development and serves both international trade lanes and domestic Russian transportation needs.

Differentiator

Problem solved

Functional benefit

Brands

• FESCO Asia Landborder Shuttle (FALB): Railway service from China to Russia and CIS countries (Belarus, Kazakhstan, Uzbekistan) through border crossings
• FESCO Vietnam Direct Line (FVDL)
• FESCO Turkey Black Sea (FTBS)
• FESCO Katyusha Shuttle
• FESCO Marine Trading Port of Vladivostok (VMTP)
• FESCO Academy (Академия FESCO)
• My FESCO (Мой FESCO)

Products and services

• FESCO Vietnam Direct Line (FVDL)

Quantifiable outcome

• First container shipment to Tanzania completed via Nhava Sheva–Novorossiysk–Dar es Salaam route, marking FESCO's entry into East African markets
• +4 more outcomes

Named customers8 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• Moscow State Law Academy (МГЮА — Московский государственный юридический университет имени О.Е. Кутафина)minorStrategic or Co-development Partner · 24 June 2026FESCO and МГЮА signed an agreement at SPIEF (St. Petersburg International Economic Forum) for the joint training of legal professionals. The agreement covers cooperation in legal education and workforce development for FESCO's legal and compliance functions.
• Center for Development of Digital Platforms (ЦРЦП)minorStrategic or Co-development Partner · 1 June 2026FESCO and ЦРЦП (the authorized national operator for digital cargo sealing/navigation seals) organized the first test rail shipment using navigation seals from Vladivostok to Minsk. This partnership aims to develop digital cargo tracking and supply chain transparency using navigation seal technology.
• DP WorldcoreStrategic or Co-development Partner · 31 March 2026DP World (UAE-based global port operator) and Rosatom agreed to form a logistics joint venture in Russia, with Rosatom holding 51% and DP World 49%. Rosatom contributes its 92.4% stake in FESCO to the venture. DP World will invest cash tied to FESCO's market valuation. The partnership aims to develop a global logistics operator and increase cargo flows through the Northern Sea Route, granting both companies deeper access to global supply chains and alternative trade corridors. The deal is pending approval from Russia's government commission on foreign investments and the Federal Antimonopoly Service.
• Rosatom (State Nuclear Corporation of Russia)coreStrategic or Co-development Partner · 30 March 2026Rosatom, Russia's state nuclear corporation, is forming a joint venture with DP World where Rosatom holds 51% and contributes its 92.4% stake in FESCO. The partnership aims to develop logistics along the Northern Sea Route (Arctic corridor along Russia's northern coastline), creating an alternative global supply chain corridor. Rosatom controls FESCO through its majority stake and contributes it as an asset to the JV with DP World.
• Kaliningrad Oblast GovernmentminorStrategic or Co-development PartnerFESCO and the Government of Kaliningrad Oblast signed a cooperation agreement at SPIEF to expand services in and out of the Kaliningrad exclave, including sea-rail transit and logistics solutions for the region.
• DalRefTrans LLC (ООО «Дальрефтранс»)coreStrategic or Co-development PartnerDalRefTrans LLC operates FESCO's refrigerated container transport services (от -25 до +25°C), handling perishable cargo including meat, dairy, fish, pharmaceuticals, and frozen goods. Operates from Far East and Arctic locations including Anadyr, Magadan, Novosibirsk, Yuzhno-Sakhalinsk. FESCO's primary partner for temperature-controlled logistics.
• Kvantorium Far East children's technopark (Приморского края)minorGTM or Marketing PartnerFESCO and the Kvantorium Far East children's technopark conducted the 'FESCO Engineers' interregional educational competition involving schoolchildren from six regions of Russia, promoting STEM and logistics careers among youth.

Scale indicators13 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Maersk: Global leader in container shipping and integrated logistics. Directly comparable to FESCO as a multimodal container operator combining sea, port, and inland services, though at materially greater scale and global reach.
• CMA CGM: Top global container line with strong Asia-Europe and intra-Asia coverage. Comparable to FESCO as a container shipping and logistics operator with owned port and inland terminal assets, though with much broader international exposure.
• COSCO Shipping: China's largest container shipping line and a state-affiliated global operator. Closely comparable to FESCO given its Asia-Russia and Trans-Siberian connectivity, owned terminal portfolio, and state backing, though at vastly larger scale.
• Hapag-Lloyd: Major global container line serving Asia-Europe and intra-Asia trades. Comparable to FESCO in container shipping operations and route diversity, though focused on long-haul deep-sea services rather than multimodal Russia-centric logistics.
• Mediterranean Shipping Company (MSC): World's largest container line by capacity. Closely comparable to FESCO in deep-sea container shipping, port operations, and inland logistics, though operating globally with significantly larger vessel and container fleets.
• Russian Railways (RZD): State-owned national rail infrastructure monopoly in Russia and FESCO's host network for block train services. Comparable as a freight rail operator serving Russian and CIS corridors, though structurally larger and infrastructure-focused versus FESCO's container-focused intermodal model.
• Evergreen Marine Corporation: Taiwan-based global container shipping line. Comparable to FESCO in deep-sea container services across Asia-Europe routes, though Evergreen is pure ocean carrier without comparable rail and port asset ownership.
• Ocean Network Express (ONE): Major global container line serving Asia-Europe, trans-Pacific, and Asia-Middle East trades. Comparable to FESCO in container shipping operations, though without the multimodal Russia-anchored intermodal integration.

Direct peers

• TransContainer: Russia's largest intermodal container operator and rail freight company, historically part of Russian Railways. The closest direct peer to FESCO's rail-based container business on Russian and CIS corridors, competing on Trans-Siberian and domestic block train services.

Others

• DP World: UAE-based global port operator and FESCO's JV partner via the Rosatom agreement. Highly relevant given the strategic partnership and shared focus on port-led logistics, even though DP World's primary model is port terminal ownership and operations rather than shipping line ownership.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks1 record

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FESCO.Group
• LinkedInlinkedin.com/company/fesco-transportation-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FESCO