Russia’s FESCO Transport Group and India’s SAKSHAM logistics group have agreed to jointly developed maritime services from India to Russia.
The document was signed at the international TransRussia 2023 transport and logistics exhibition held last week in Moscow.
The parties intend to launch direct services between Mundra and Nhava Sheva in India and Novorossiysk and St. Petersburg in Russia.
They also plan to study potential cargo flow between Chennai in India and Vladivostok in Russia for a possible launch of a maritime service on the route.
FESCO and SAKSHAM Group also agreed to study prospects for cooperation in project logistics and to jointly develop state of the art IT solutions for shipping and Commercial Port of Vladivostok, part of FESCO Group.
Photo: courtesy of FESCO