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Fesko has increased the volume of exports from the Far East

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Fesco, one of the largest private transport and logistics companies in Russia, increased exports from the Far East to the countries of the Asia-Pacific region by 21% in the first half of the year. Imports increased by 18% during the same period. In general, the volume of foreign trade operations through the ports of the macroregion increased by 19% compared to the same period last year, from 110 to 131 thousand TEU, the press service of the transport group reported on Monday.

"In the first half of the year, Fesco managed to show good results of foreign trade services. Exports from the ports of the Russian Far East to the countries of the Asia-Pacific region increased by 21% compared to the first half of 2021, while imports increased by 18% at the same time," said Herman Maslov, vice president of the transport group for the linear logistics division, quoted by the press service.

The growth of cargo turnover was shown by the services Fesco China Express (FCXP), Fesco Korea Express (FKXP), Japan Trans Siberia Line (JTSL). The increase in indicators was influenced by the opening in May of a regular sea line between Vladivostok and the ports of Vietnam - Fesco Vietnam Direct Line (FVDL). At the beginning of August, the company's vessels made four voyages as part of the new maritime service, delivering 2,050 TEU in the export direction and 2,200 TEU in the import direction.

"The market took the opening of Fesco Vietnam Direct Line very positively. With the participation of the Consulate and the trade mission of Vietnam, Fesco held several meetings with the business circles of the two countries. We have received many interested questions from both Russian and Vietnamese clients. We will continue to develop this direction. Now we are planning to put another vessel on the line, which will increase the frequency of ship calls, reduce the transit time of cargo delivery and provide our customers with better conditions," Maslov explained, quoted by the press service.

In 2022-2023, the transport group intends to continue the development of maritime foreign trade lines by launching new services and increasing capacity both in traditional destinations - China, Korea, Japan, Turkey, and in new ones, such as Vietnam, India, Indonesia, Taiwan.

Author: Olga Paramonova

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