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Fledgling Saudi operator Folk Maritime boosts feeder fleet

Rapidly expanding regional carrier operates four loops connecting Saudi ports with hubs in the Middle East Gulf, the Indian subcontinent and the Red Sea

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Folk Maritime continues to enhance its vessel portfolio through the acquisition of a trio of new ships, increasing its operational fleet to eight. The Saudi PIF-backed group has leaned towards full-ownership of tonnage, a strategy chief executive Poul Hestbaek said is crucial in the region

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    This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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