Saudi Arabia’s New Feeder Company Charts a Bold Course

Saudi Arabia welcomes the launch of Folk Maritime, a new feeder and short-sea shipping company based in Riyadh.

 Led by former Hamburg Süd executive Poul Hestbaek, the company aims to connect the kingdom with key ports in the Red Sea. 

In addition to Hestbaek, the outfit is run by former director at ARK Logistics & Maritime Saleem Kadernani as chief commercial officer, chief of finance Khalid Fawzi, and head of human resources Abdulrahman Alshangiti.

Folk Maritime, touted as Saudi Arabia’s inaugural dedicated feeder operator, underlines its commitment to offering services in the Middle East and the surrounding region. 

The company operates two services in the Red Sea, featuring 2,500 TEU feeders connecting Jeddah with Neom, Yanbu, and Ain Sokhna weekly, alongside a 700 TEU ship linking with Sudan every two weeks. 

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