JUSTICE V RUSAL — THE MOST IMPORTANT UNRIGGED COURT CASE EVER DECIDED ABOUT A...
By John Helmer in Moscow “Mr Deripaska is a man who denies everything”. This was said in the Court of Appeal in London on July 21, by Geoffrey Vos QC, arguing the case on behalf of Deripaska’s former...
View ArticleHOW TO BEAT THE BALTIC CHOKEHOLD — RUSSIA POURS OIL ON BALTIC WATERS, COAL...
By John Helmer in Moscow The last time Russia was obliged to teach strategy to the ruling powers of the Baltic Sea — in the 18th century, they were the Swedes – at the Battle of Grengam (pictured), the...
View ArticleGENERALOV’S FESCO HEADS FOR THE COOLER
By John Helmer in Moscow Far Eastern Shipping Company (Fesco), Russia’s fleet leader for dry cargo and containers, is headed for an even bigger year-end loss than industry analysts or the company have...
View ArticleS&P WARNS ON CORPORATE GOVERNANCE AT NOVOROSSIYSK PORT
By John Helmer in Moscow Novorossiysk Commercial Seaport Company (NCSP is the London ticker), the only internationally listed Russian port, crashed Friday [August 7] by almost 6% in Moscow stock market...
View ArticleGENERALOV HAS THAT SINKING FEELING — LOSSMAKING FESCO SELLING OUT OF SHIPS...
By John Helmer in Moscow The Far Eastern Shipping Company (Fesco), owned by Sergei Generalov, is likely to run a loss of at least $72 million this year, before foreign exchange losses and writedowns...
View ArticleTHE LAST HONOURABLE MAN
Marshal Sergei Fyodorovich Akhromeyev “Everything I have worked for throughout my life is being destroyed.” — August 24, 1991
View ArticleRUSSIAN STEELMAKERS BLOW SMOKE — KREMLIN RULES TO DISMISS ANTI-CHINESE,...
By John Helmer in Moscow An application by three of Russia’s most powerful steelmakers to have the government impose penalty duties on imports of coated steel, primarily from China, has failed. This is...
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