Saudi liner Folk Maritime grows fleet with triple acquisition

Saudi Arabian liner newcomer Folk Maritime is pressing ahead with fleet expansion by adding three more vessels. The Riyadh-based feeder owner and operator, led by former Hamburg Süd boss Poul Hestbaek, has acquired the 702 teu Folk Yanbu, 1,118 teu Folk Jubail and the 1,868 teu Folk Dammam, taking its owned fleet to five ships. …

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