FESCO Transportation Group (“FESCO”, the “Group”) intends to increase the total area of container warehouse in Commercial Port of Vladivostok (CPV, a FESCO company) by 20% by 2025.
The first stage of warehouse expansion was the launch of a new production site “Warehouse 81” of 13.5 thousand m2 and an operational capacity of 1,113 TEU within the territory of the Commercial Port of Vladivostok (CPV).
FESCO to increase total area of container warehouse at CPV
Increase of area for container storage is stipulated by the development strategy of CPV
Increase of area for container storage is stipulated by the development strategy of Commercial Port of Vladivostok (CPV), approved by the Board of Directors of FESCO.
Administration of the port is optimising the use of territory of CPV – changes location of warehouses, constructs modern sites and demounts unclaimed buildings.
Development strategy of Commercial Port of Vladivostok
Development strategy of Commercial Port of Vladivostok (CPV) also includes introduction of modern IT infrastructure, modernisation of warehouses, railway infrastructure and sea berths, as well as purchase of new equipment.
By 2025 the port plans to purchase 170 units of machine equipment, at stage one (in 2023) – ten RTG cranes, six reach stackers, four reach trucks, one track mobile and 19 tractors with semi-trailers.
Expanding and optimising container areas of the port
Andrey Severilov, the Chairman of the Board of Directors of FESCO, said “FESCO Group pays close attention to strategic development of Commercial Port of Vladivostok and, first of all, to increasing its capacity.”
Andrey Severilov adds, “We are implementing an ambitious programme aimed at expanding and optimising container areas of the port, so that by the end of 2023, CPV could process 840 thousand TEU and in the future reach figures of 1 million TEU.”
FESCO Transportation Group (FESCO)
FESCO is one of the major transportation and logistics companies in Russia
FESCO Transportation Group (FESCO) is one of the major transportation and logistics companies in Russia, operating a variety of assets including ports, terminals, vessel fleet, rolling stock and more. The company provides door-to-door services and controls all steps of the intermodal transportation chain.
FESCO actively works in the Russian Far East and contributing to the growing trade between Russia and Asian countries. FESCO is globally renowned in the field of container transportation through the Russian Far East to/from Asian countries, as well as domestic sea and rail transportation. It is also the leading port operator of the Russian Far East.
FESCO controls the Commercial Port of Vladivostok (CPV)
FESCO controls the Commercial Port of Vladivostok, the major port in the Russian Far East that handles 12,9 million tonnes of cargo, 2000 ships, and 200 000 wagons per year. The company is one of the largest Russian private rail operators that provide services via its subsidiaries - Transgarant and Russkaya Troika.
FESCO operates more than 10 000 units of rolling stock including 5, 000 container platforms. It has more than 130, 000 TEU in container park, and 24 ships with the overall capacity of 24, 000 TEU and 390, 000 tonnes of deadweight constitute FESCO’s vessel fleet.
