FESCO Transport Group (FESCO) is mulling opportunities to open a new shipping service from Alexandria Port to the Port of Novorossiysk.
Andrey Severilov, Chairman of the Board of Directors of the FESCO held a meeting with Yasser Moustafa, the Head of the Commercial Bureau of the Embassy of the Arab Republic of Egypt in Russia.
The service will be arranged by “Dalreftrans” company, a subsidiary of FESCO, which is in charge of temperature-controlled cargo transportation.
READ: FESCO reports $1.3 billion in revenue in 2021
Andrey Severilov and Yasser Moustafa also agreed that the Egyptian side will support FESCO during the presentations of its container services for Egyptian exporters and importers.
FESCO Transportation Group is one of the leading public transportation and logistics companies in Russia with operations in ports, rail, integrated logistics and shipping business.
FESCO operates over 100,000 containers and about 10,000 container platforms. FESCO’s fleet numbers 22 vessels deployed primarily on its own sea service lines.
