The FESCO Transportation Group and the Indian logistics group SAKSHAM have agreed on the development of cargo shipping from India to Russia. The parties plan to organize direct services from the ports of Mundra and Nhava Sheva to the ports of Novorossiysk and St. Petersburg and back, as well as to study the potential cargo base for a possible service between the ports of Channi and Vladivostok FESCO.
In addition, the companies agreed to study the prospects of cooperation in the field of project logistics for the transportation of oversized and overweight cargo and to develop joint IT solutions for shipping and the commercial port of Vladivostok (a FESCO company).
A Memorandum of Understanding was signed at TransRussia by Andrey Severilov, Chairman of the FESCO Board, and Ashish Sheth, Chairman of the Saksham Group.
“The sea services planned to start with our Indian colleagues will create a reliable basis for expanding the cargo offer and cargo handling between our countries,” commented Andrey Severilov.
FESCO Transportation Group is one of the leading public transport and logistics companies in Russia with activities in ports, railways, integrated logistics and shipping. A diversified but integrated asset portfolio enables FESCO to offer door-to-door logistics solutions and to control almost all steps of the intermodal transport value chain. FESCO controls the commercial port of Vladivostok, the rail operators Transgarant and Dalreftrans, the operator of the container platforms Russkaya Troyka, dry terminals in Novosibirsk, Khabarovsk and Tomsk. FESCO operates over 130,000 containers and around 10,000 container platforms. FESCO’s fleet consists of 26 ships, mainly operating on its own sea lines.