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Folk Maritime has announced the launch of a new liner service connecting Jeddah Islamic Port to the ports of Mundra and Nhava Sheva, two of the largest commercial ports in India, in September. The service is being organised through a Vessel Sharing Agreement (VSA) with Oman’s Asyad Line, involving the deployment of an 1800 TEU vessel by Folk Maritime.
Operating with two vessels, and a 10-day sailing frequency, the service aims to strengthen trade ties by facilitating the movement of consumer products from India to Saudi Arabia, and petrochemicals and other products on the return leg.
Announcing the new India Red Sea Service (IRS), Poul Hestbaek, Chief Executive Officer of Folk Maritime, said: “The new route will further enhance bilateral trade between the Kingdom of Saudi Arabia and India, and underlines our ambition to become one of the leading maritime service providers in the region.”
Folk Maritime started its operations in the Red Sea with two liner services: one that connects the Kingdom’s ports of Jeddah, Neom and Yanbu to Sokhna and Aqaba, and a second route between Port Sudan and Jeddah.
The company has recently purchased its first owned vessel, the 172m long Folk Jeddah, which will sail under the Saudi flag. Built in 2023, Folk Jeddah has an 1,868 TEU capacity, with 230 reefer plugs for temperature-controlled cargo.
