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PIF-owned Folk Maritime pauses growth as shipping costs jump
Congested ports mean the carrier will miss its 250k-container target for 2026
Folk Maritime’s Poul Hestbaek unpacks growth plans for 2026 amid volatile global trade
We spoke with Hestbaek about their ongoing projects in the Kingdom and their regional expansions
Updates on all things logistics from around the region
Stories on our radar this morning from around the region
Updates on maritime, ports, trade, and logistics handling from UAE, Morocco, Qatar, and Turkey
Stories on our radar this morning from around the region
KSA’s Folk Maritime to acquire 5.6k recyclable containers from China
The containers have a 6.7k TEU capacity and are 100% recyclable
TODAY: Riyadh Air orders 60 aircraft from Airbus + Dubai South getting another MRO facility
What we’re tracking this morning regionally and around the world
KSA’s Folk Maritime to invest multi-mn USD in fleet expansion over the next five years
The firm plans to buy about two-thirds of the ships it's adding and will charter the rest
TODAY: Algeria, Iraq to supply fuel to Lebanon amid energy crisis
What we’re tracking this morning regionally and around the world