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Russian line founded with focus on West Africa

Energy News Beat

The former chairman of FESCO has formed a shipping line to provide links between West Africa and Russia.

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 teu boxships. Further plans include making calls in Senegal.

Severilov previously owned a 23.8% stake in FESCO, a containerline that the state took control of in 2022, after major shareholder, Ziyavudin Magomedov, was arrested and sent to jail over corruption charges.

The post Russian line founded with focus on West Africa appeared first on Energy News Beat.

 

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