Delo Group is not in negotiations to buy Far-Eastern Shipping Company (FESCO), the group said in a statement on January 23, 2020. In December, Delo's owner Sergei Shishkaryov told daily Kommersant that the company was interested in purchasing FESCO. Co-owner of FESCO Ziyavudin Magomedov said that he firmly opposed selling his 32.5% stake.