Port News & Information Mediterranean, Black & Caspian Seas

FESCO fights sanctions with new ship repair division

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Moscow, Russia (Ports Europe) May 24, 2023 – The logistics group FESCO has announced plans to create a ship repair division, a direct response to Western sanctions imposed following the Russian invasion of Ukraine. Sanctions have ended the Western supply of spare parts to many industries and Russia has since adopted a “local production” strategy….

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