Folk Maritime Services Company, a subsidiary of the Public Investment Fund (PIF), has announced the addition of three new container vessels to its fleet. Set to begin operations in June, the ships will service routes across the Red Sea, the Arabian Gulf, and the Indian subcontinent.according to a company statement.
The new vessels under the Saudi flagÂ
The new vessels—Folk Dammam (1,868 TEUs), Folk Jubail (1,118 TEUs), and Folk Yanbu (702 TEUs)—have been registered under the Saudi flag at Jeddah Islamic Port.
The expansion of the fleet
This expansion follows the earlier introduction of two Saudi-flagged vessels: the Jeddah Folk (1,868 TEUs) in September 2024 and the Jazan Folk (2,015 TEUs) in April 2025. With the latest additions, Folk Maritime’s operational fleet now includes eight ships, comprising five owned and three leased.Accordingly, the company’s operational fleet includes eight vessels (five owned and three chartered).
Related : Folk Maritime Purchases Second Vessel Folk Jazan
Folk Maritime Services,
Folk Maritime Services, a PIF company, was launched in 2024 with the mission to connect regional ports seamlessly and catalyze trade across the Middle East and East Africa. Their strategic goal is aligned with Saudi Arabia’s Vision 2030 to become a global logistics hub, underlining the Kingdom’s premier position in leading multiple high-growth industrial sectors.
Creating new trade lanes
They are addressing the ‘white space’ in the region’s maritime sector by offering the first-of-its-kind feeder and regional liner services. Folk Maritime is creating new trade lanes and delivering end-to-end shipping solutions. They connect key transshipment routes in the Arabian Gulf, Red Sea, and beyond by delivering cost-effective and efficient logistics services that drive transformational trade growth.
Related : Folk Maritime announces construction of 5,600 containers
Source : Leaders
