Aims to offer unrivalled schedule reliability, a far-reaching global network with competitive transit times and a reduced carbon footprint

Maersk and Hapag-Lloyd have signed an agreement for a new long-term operational collaboration. Starting from February 2025, called Gemini Cooperation will have a fleet pool of around 290 ships with a combined capacity of 3.4m TEUs, with Maersk deploying 60 per cent and Hapag-Lloyd 40 per cent.

Maersk

It will aim to deliver a reliable, flexible and interconnected ocean network with a target of delivering schedule reliability above 90 per cent once it is fully phased in, the companies said in a joint statement.

The cooperation will cover seven trades: Asia – US West Coast, Asia – US East Coast, Asia – Middle East, Asia – Mediterranean, Asia – North Europe, Middle East – India – Europe and trans-Atlantic.

Rolf Habben Jansen, CEO of Hapag-Lloyd, said: “Teaming up with Maersk will help us to further boost the quality we deliver to our customers.

“Additionally, we will benefit from efficiency gains in our operations and joint efforts to further accelerate the decarbonisation of our industry.”

Vincent Clerc, CEO of Maersk, stated: “We are pleased to enter this cooperation with Hapag-Lloyd, which is the ideal ocean partner on our strategic journey.

“By entering this cooperation, we will be offering our customers a flexible ocean network that will be raising the bar for reliability in the industry. This will strengthen our integrated logistics offering and meet our customers’ needs.”