The Moscow-listed owner said revenue from its shipping division stood at $48.2m for the first six months of the year.
This figure compared with turnover of $33.3m in the corresponding half of last year.
Fesco attributed this increase to more profitable cargo transportation in the Arctic basin.
Shipping EBITDA climbed to $15.9m, against $2.9m a year ago.
But revenue from its liner and logistics unit was $198.4m,
