Folk Maritime expands fleet with boxship trio

Folk Maritime Services Company announced the addition of three vessels to its fleet, which will be deployed on its services over the next month.

The three container ships are:

• Folk Dammam (1,868 TEUs)
• Folk Yanbu (702 TEUs)
• Folk Jubail (1,118 TEUs)

All the container vessels are registered under the Saudi flag at Jeddah Islamic Port.

Poul Hestbaek, CEO of Folk Maritime, emphasized the strategic importance of the acquisition: “The addition of Folk Dammam, Folk Yanbu, and Folk Jubail to our fleet strengthens our ability to deliver efficient and reliable shipping solutions. This expansion not only supports Folk Maritime’s ambitions to expand fleet capacity, but also reinforces our commitment to reducing reliance on chartered vessels and investing in Saudi-flagged assets. These efforts directly align with Vision 2030’s objectives to build a competitive, self-sufficient logistics sector.”

This latest acquisition builds upon Folk Maritime’s strategic expansion programme, which began with the company’s first Saudi-flagged 1,868 TEU vessel Folk Jeddah in September 2024 and continued with the 2,015 TEU Folk Jazan in April 2025.

With the addition of Folk Dammam, Folk Yanbu, and Folk Jubail, Folk Maritime’s operational fleet now totals eight vessels, including five owned and three chartered ships.

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