July 16. Far East Shipping Company has wrapped up a transaction to acquire 50% of shares in Vladivostok Container Terminal from N-Trans group of companies, according to the company's materials. FESCO has therefore become the sole shareholder of VCT. According to FESCO, the transaction was finalized on July 10. The value of the transaction was USD 200 mn and the company intended to finance it using the proceeds from an additional stock offering equal to 20% of the increased charter capital. The shares are to be placed at the end of July. As reported earlier, FESCO reached an agreement with N-Trans group of companies, former Severstaltrans, in late April to acquire a 50% stake in VCT.