The former co-owner of Russian shipowner Fesco is setting up a new shipping company to link the country to West Africa.
Interfax reported that Andrei Severilov’s A7 Holding has established a new company in the freight sector.
According to the Unified State Register of Legal Entities, A7 African Cargo Lines was registered in Moscow on 17 April with a capital of RUB 10m ($124,000).
