The Russian transport and logistics group Fesco successfully completed the first deliveries from northern provinces of China to Korea and south thought the transport corridor Primorye-1, using the port of Vladivostok. The Fesco cargo containers were shipped by rail from the northers provinces in China through Heyludzyan Grodekovo station, treated in Commercial Port of Vladivostok (CPV), and then on a regular sea routes of the shipping company delivered to the ports of destination in South Korea and China. This is the first shipment of cargo in transit on international corridor Primorye-1 via Vladivostok, which was established by mutual trade-agreement between China and Russia.
The service through Vladivostok will improve the speed of export of northern provinces of China to South Korea, Japan and South-East Asia. Also will provide better connectivity of export companies from the region with the whole world, through the container shipping services of Fesco. The new shipment is scheduled for the end of April. Part of the development of transport corridor Primorye-1, the transport and logistics group Fesco plan to start regular train from the provinces Heyludzyan to Vladivostok through Grodekovo station.
The usage of transport corridor will reduce the time of delivery of goods and will provide better connectivity of the exporters. With the first shipment, the cargo was delivered to Busan in 6 days, instead of 10-12 days by the regular route. Moreover, the transport and logistics group Fesco provide competitive tariffs, due to creating the intermodal chain based on own assets.
Fesco is one of the largest private transport and logistics companies in Russia with assets in the area of the port, rail and integrated logistics business. Group own Vladivostok sea trading port, railway operator Transgarant, 50% of shares of “Russian Troika” (a joint venture with JSC Russian Railways) operator flatcars. The FESCO management operate about 36,000 TEU and has a fleet of 22 cargo ships and 4 icebreakers.