THE former chairman of FESCO Andrei Severilov, who founded JSC A7 Holding last year, has just debuted A7 African Cargo Lines with a first link set to be established between Novorossiysk and Nigeria's port of Lagos using two chartered-in 700 box ships.
Further plans include making calls in Senegal, according to Singapore's Splash 247.
Mr Severilov previously owned a 23.8 per cent stake in FESCO, a container line that the state took control of in 2022, after major shareholder, Ziyavudin Magomedov, was arrested and sent to jail over corruption charges.
SeaNews Turkey
Further plans include making calls in Senegal, according to Singapore's Splash 247.
Mr Severilov previously owned a 23.8 per cent stake in FESCO, a container line that the state took control of in 2022, after major shareholder, Ziyavudin Magomedov, was arrested and sent to jail over corruption charges.
SeaNews Turkey