Folk Maritime, a newly established Saudi company, emerges as the Kingdom's pioneer feeder vessel and short-sea operator. Committed to operational excellence and tailored customer solutions, Folk Maritime aims to become a pivotal force in the market, aligning with Saudi Arabia's vision of evolving into a global logistics hub for the Arabian Gulf region and beyond.
Positioned as a leading provider of feeder services throughout the Middle East and surrounding areas, Folk Maritime prioritizes efficiency and sustainability in its endeavors. The company pledges to deliver services that are streamlined, customer-focused, and cost-efficient, thus supporting the advancement of the region's crucial maritime sector.
Leading KSA’s Maritime Evolution
CEO Poul Hestbaek underscores Saudi Arabia's ambitious goal of leveraging its strategic geographical location to establish itself as a globally connected logistics center. He elaborates that Folk Maritime embodies this ambition and will play a vital role in its realization. The company aims to address a significant gap in the regional maritime market by introducing the Kingdom's first feeder shipping service, capitalizing on key connections with major transshipment routes in the Gulf, Red Sea, and beyond.
Joining the executive team are Saleem Kadernani, as Chief Commercial Officer, and Khalid Fawzi as Chief Financial Officer, and Abdulrahman Alshangiti as Chief Human Resources Officer.
New Shipping Routes
Folk Maritime's initiatives extend to creating new global trade routes from Saudi Arabia. Through neutral feeder operations, the company seamlessly links smaller ports to larger hubs, while also offering end-to-end shipping solutions for Beneficial Cargo Owners (BCOs) and shippers, as well as Non-Vessel Operating Common Carrier (NVOCC) services, which manage warehousing and shipments, among other functions. This comprehensive approach involves establishing and overseeing new shipping routes or trade lanes, facilitating the efficient movement of goods to and from Saudi Arabia, and fostering connections between previously isolated ports or markets.
