Folk Maritime: Introducing India to Middle East connectivity
Folk Maritime Services Company, a Saudi Arabia-based provider of feeder and short-sea services across the Middle East and beyond, has announced its first foray into the Indian market.
Headquartered in Riyadh, Folk Maritime will leverage the advantages of its distinctive geographic location, introducing services ex India to both the Red Sea and Arabian Gulf. This new endeavour aims to improve connectivity, optimise logistics efficiency and reinforce sector capabilities.
A Public Investment Fund company, Folk Maritime aspires to be one of the largest regional carriers in the Gulf trade.
Placing efficiency and sustainability at the forefront of its operations, it will champion shipping that is professional, customer-centric and cost-effective, supporting the growth of the region’s vital maritime sector, in alignment with the Kingdom’s goal to become a Global Logistics Hub.
Folk Maritime is set to become a critical player in the market and will help to strengthen the growing logistics sector in the Red Sea, Arabian Gulf and beyond, highlighted a communique.
Seastar Global Shipping and Logistics LLP (Parekh Group Company) will represent Folk Maritime in India and will be responsible to ensure the success of all the services ex-India.
Source: Exim News Service: Riyadh/Mumbai, July 31