The founder and visionary of Folk Group, Abdulla Obaid was a man with a passion for ships and navigating the high seas. His vision was to establish a company that services the shipping industry, oil and gas trading and bunkering which provides the highest quality service and standards and on-time delivery. In the Early 80's Abdulla Obaid established CME to serve as an offshore tug and supply vessel service to support the region. CME was a company which not only served the market, but also understood the needs of the region and continues to evolve to meet these needs.
In 2002, CME General Trading started to operate under the name Folk Shipping LLC. Abdulla Obaid realized that in order to have a high quality service shipping company, his focus needed to be on the customers, and investing in highly trained and professional staff. This is why the name changed to Folk Shipping LLC, where the name focuses on the main components of a successful business: the people. Also the Arabic word “فلك” (folk) is found in scripture and refers to an Ark.
As Folk Shipping LLC began to establish its name in the market and began to serve some of the biggest clientele in the region, there was a need for providing additional services to our customers. The need for storage was evident; therefore Folk Energy LLC was established in 2005 in order to further support our clientele. This tank farm is located in Sajja, Sharjah.
As the company continued to grow, in 2010, Folk Petroleum FZE was established to further support the group of companies. This tank farm is located in Hamriyah FZE.
The Folk Group of companies operates within the UAE within its growing ports in order to serve its clientele and continues to grow to serve the region.