The Company declaration for the publications about
the vessel ALAED appeared in the mass media

19.06.2012

In connection with statements on participation of FEMCO Group of companies in illegal transportations of the weapon and military helicopters to Syria which have appeared in mass media, we note the following:

Publications on illegal actions of the ship-owner of m/v "Alaed" are incorrect.

The vessel now makes an ordinary commercial voyage, in full accordance with international norms and rules.

Contractual obligations are being performed by the Ship-owner properly.

The reliability and business integrity of FEMCO Group is well known in the market of carriage of goods services.

We highly value our reputation and mean to comply with these principles of our activity also in future.

FEMCO Group Ltd press release