News Details :
News Details:
Headline : Russian Federation : The regular container service is opened in Busan-Vladivostok-St. Petersburg
Summary : The FESCO transport group and the South Korean logistics operator Hyundai Glovis Co are launching a joint regular container route from the Korean port of Busan to St. Petersburg with cargo transshipment through the PJSC Vladivostok Commercial Sea Port, the stevedore press service reported.

The new line will allow switching some of the cargo going today via the Suez Canal, bypassing Russia, to the territory of the Russian Federation and subsequently ensuring the development of transit traffic from South Korea to Europe via the Far East.

The minimum transit time on the route Busan St. Petersburg will be 15 days. The basis for the freight flow of the joint service is formed by auto parts and components for Hyundai Motor Manufacturing Rus, the Russian plant of the Hyundai Motor Company. Monthly traffic is planned at 500 TEU.

It should be noted that the first regular train from Vladivostok was dispatched on August 14. At the same time representatives of FESCO and Hyundai Glovis Co. Ltd. signed an Agreement of Intent, which fixes the plans of the parties to increase the volume of container traffic from South Korea to the regions of Russia via the Far East.

Recall, "Vladivostok Commercial Sea Port" is part of the transport group FESCO. The annual capacity of the port reaches 3.9 million tons of general cargo and oil products, 150,000 units of cars and wheeled vehicles and more than 600 thousand TEU. Currently, through Vladivostok, there are 15 regular international and coastal lines connecting Vladivostok with 8 countries of the world, as well as regions of the Russian Far East.