The Gemini countdown: Maersk and Hapag Lloyd geared up to ‘reshape’ sustainable shipping

The Gemini Cooperation—a long-term operational partnership between shipping giants, the Danish A.P. Moller-Maersk and Germany’s Hapag-Lloyd—faces issues at the time of its launch in February 2025.

The two shipping industry titans revealed their plan to join hands and form the Gemini Cooperation at the very beginning of 2024 and received approval for it to take effect from the Federal Maritime Commission (FMC) in early September.

It was said that the ambition behind this undertaking was to deliver a “flexible and interconnected” ocean network with schedule reliability, predictability and sustainability in mind while covering the main East-West trade routes.

According to Maersk, once this network is fully phased in, the primary goal is to achieve reliability above 90%.

Representatives from Hapag-Lloyd revealed that the Gemini Cooperation would encompass seven global (sub)trades with the focus centered around 12 ‘key’ hub ports, ten of which are owned and/or controlled terminals, as well as two operations in Singapore and Cartagena, Colombia.

When initially announced, the new cooperation was to comprise a fleet pool of roughly 290 ships with a combined capacity of 3.4 million TEUs with the Danish player deploying 60% of them and the German major the remaining 40%.

In September 2024, however, the two companies revealed that up to 340 ships would be deployed. As explained, the Cape of Good Hope network would provide up to 340 units with a combined capacity of 3.7 million TEUs, while the Trans-Suez network would be serviced by roughly 300 vessels with a 3.4 million TEUs capacity.

As per Maersk, more vessels will gradually set sail on the new schedules.

Source: offshore-energy.biz

Sharing is caring!