article author: AL-EQTISADIAH AMAL AL-HAMDI Author: Mon, 2026-06-15 16: 49 JEDDAH: Shipping companies operating in the Red Sea are moving toward expanding their fleets, container capacity, and shipping routes amid heightened operational pressure on Saudi Arabia’s western coast ports, as maritime traffic in the Gulf remains disrupted due to geopolitical tensions in the Strait of Hormuz. Raied Abuhimed, official spokesperson for Public Investment Fund-owned Folk Maritime, told Al-Eqtisadiah that the company is considering expanding its fleet and building additional containers to support future growth. Main category: Business & Economy Tourism & Transport Tags: The Red Sea Folk Maritime global shipping shipping containers
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