{"id":45058,"date":"2025-04-18T17:49:45","date_gmt":"2025-04-18T14:49:45","guid":{"rendered":"https:\/\/thesauditimes.net\/en\/?p=45058"},"modified":"2025-04-18T17:49:45","modified_gmt":"2025-04-18T14:49:45","slug":"folk-maritime-purchases-second-vessel-m-v-folk-jazan","status":"publish","type":"post","link":"https:\/\/thesauditimes.net\/en\/folk-maritime-purchases-second-vessel-m-v-folk-jazan\/","title":{"rendered":"FOLK Maritime Purchases Second Vessel M\/V Folk Jazan"},"content":{"rendered":"<p>Folk Maritime Services Company, a PIF company and one of the region\u2019s emerging leaders in providing regional liner and feeder services, announced today the official purchase of its second owned vessel, M\/V Folk Jazan.<\/p>\n<p>Registered at Jeddah Islamic Port, this acquisition marks a significant leap forward in strengthening regional maritime connectivity and solidifying Saudi Arabia\u2019s position as a global logistics powerhouse. M\/V Folk Jazan has initiated operational deployment in the company&#8217;s routes throughout the Red Sea and the Arabian Gulf.<\/p>\n<p>&nbsp;<\/p>\n<div style=\"width: 896px;\" class=\"wp-video\"><video class=\"wp-video-shortcode\" id=\"video-45058-1\" width=\"896\" height=\"496\" preload=\"metadata\" controls=\"controls\"><source type=\"video\/mp4\" src=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan.mp4?_=1\" \/><a href=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan.mp4\">https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan.mp4<\/a><\/video><\/div>\n<p>&nbsp;<\/p>\n<p>&#8220;The acquisition of M\/V Folk Jazan is a pivotal step in our strategic growth,&#8221; said Poul Hestbaek, CEO of Folk Maritime. &#8220;This vessel not only expands our operational capabilities but also reinforces our commitment to supporting Saudi Arabia&#8217;s Vision 2030 by enhancing the Kingdom&#8217;s maritime infrastructure and contributing to its emergence as a global logistics hub.&#8221;<\/p>\n<p>&#8220;Folk Maritime&#8217;s strategic acquisition of its second owned Saudi-flagged container vessel, part of an expanding fleet now totaling six ships, significantly enhances the company&#8217;s operational flexibility and reduces dependency on chartered vessels.<\/p>\n<p>This acquisition underscores Folk Maritime&#8217;s swift advancement in strengthening Saudi Arabia&#8217;s maritime capabilities and supports the Kingdom\u2019s 2030 Vision to emerge as a global logistics hub. The company\u2019s fleet expansion, which began with the acquisition of &#8216;Folk Jeddah&#8217; in September 2024, now operated out of Jeddah Islamic Port, further bolsters regional trade and showcases Folk Maritime\u2019s commitment to scaling up its contributions to the regional economy,&#8221; said Hestbaek.<\/p>\n<p>&nbsp;<\/p>\n<figure id=\"attachment_45062\" aria-describedby=\"caption-attachment-45062\" style=\"width: 1280px\" class=\"wp-caption aligncenter\"><img fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"45062\" data-permalink=\"https:\/\/thesauditimes.net\/en\/folk-maritime-purchases-second-vessel-m-v-folk-jazan\/folk-maritime-purchases-second-vessel-mv-folk-jazan-to-expand-regional-maritime-connectivity-2\/\" data-orig-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2.png\" data-orig-size=\"1280,960\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"FOLK Maritime Purchases Second Vessel MV Folk Jazan, to Expand Regional Maritime Connectivity\" data-image-description=\"&lt;p&gt;FOLK Maritime Purchases Second Vessel MV Folk Jazan, to Expand Regional Maritime Connectivity&lt;\/p&gt;\n\" data-image-caption=\"&lt;p&gt;FOLK Maritime Purchases Second Vessel MV Folk Jazan, to Expand Regional Maritime Connectivity&lt;\/p&gt;\n\" data-large-file=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2-1024x768.png\" class=\"size-full wp-image-45062\" src=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2.png\" alt=\"FOLK Maritime Purchases Second Vessel MV Folk Jazan, to Expand Regional Maritime Connectivity\" width=\"1280\" height=\"960\" srcset=\"https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2.png 1280w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2-300x225.png 300w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2-1024x768.png 1024w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2-768x576.png 768w, https:\/\/thesauditimes.net\/en\/wp-content\/uploads\/2025\/04\/FOLK-Maritime-Purchases-Second-Vessel-MV-Folk-Jazan-to-Expand-Regional-Maritime-Connectivity-2-600x450.png 600w\" sizes=\"(max-width: 1280px) 100vw, 1280px\" \/><figcaption id=\"caption-attachment-45062\" class=\"wp-caption-text\">FOLK Maritime Purchases Second Vessel MV Folk Jazan, to Expand Regional Maritime Connectivity<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>Built in 2008 by Zhejiang Shipbuilding Co., China, Folk Jazan boasts a nominal capacity of 2015 TEU, optimizing operational flexibility and significantly expanding FOLK Maritime\u2019s service network. Engineered to meet the rigorous demands of modern containerized shipping, the vessel achieves a critical balance between capacity and operational efficiency, ensuring seamless and reliable service.<\/p>\n<p>Since the launch of its operations in April 2024, Folk Maritime has significantly advanced Saudi Arabia&#8217;s maritime and logistics sectors by providing efficient regional liner and feeder services.<\/p>\n<p>The company is steadfast on its mission to strengthen the Kingdom\u2019s maritime connectivity, offering reliable shipping solutions that support regional trade.<\/p>\n<p>Through its fleet expansion, Folk Maritime has bolstered the local supply chain, created jobs, and contributed to the nation\u2019s ambition of becoming a global logistics hub.<\/p>\n<p>Also Read: <a href=\"https:\/\/thesauditimes.net\/en\/diriyah-company-awards-sar-5-1-billion-royal-opera-house-project-to-three-leading-firms\/\">Diriyah Company Awards SAR 5.1 Billion Royal Opera House Project to Three Leading Firms<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Folk Maritime Services Company, a PIF company and one of the region\u2019s emerging leaders in providing regional liner and feeder services, announced today the official purchase of its second owned vessel, M\/V Folk Jazan. Registered at Jeddah Islamic Port, this acquisition marks a significant leap forward in strengthening regional maritime connectivity and solidifying Saudi Arabia\u2019s position as a global logistics powerhouse. M\/V Folk Jazan has initiated operational deployment in the company&#8217;s routes throughout the Red Sea and the Arabian Gulf. &nbsp; &nbsp; &#8220;The acquisition of M\/V Folk Jazan is a pivotal step in our strategic growth,&#8221; said Poul Hestbaek, CEO<\/p>\n","protected":false},"author":1,"featured_media":45061,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[12852],"tags":[],"class_list":["post-45058","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>FOLK Maritime Purchases Second Vessel M\/V Folk Jazan | The Saudi Times<\/title>\n<meta name=\"description\" content=\"FOLK Maritime Purchases Second Vessel M\/V Folk Jazan, to Expand Regional Maritime Connectivity .. 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