Maersk and Hapag-Lloyd AG update new network of shipping services cooperation with high schedule reliability

18/09/2024 15:38

There are five months to go until the official launch (February 2025), but Maersk and Hapag-Lloyd are now ready to share updates on the service maps and advances in network design compared to the last announcement in January 2024. The two corporations also introduced a transport network around the Cape of Good Hope to replace the old route through the Suez Canal due to disruptions in the Red Sea.

Maersk and Hapag-Lloyd AG (Hapag-Lloyd) will launch the Gemini Cooperation mechanism. Previously, in January 2024, Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S (Maersk) announced a new long-term operational cooperation under the name "Gemini Cooperation".

According to a Hapag-Lloyd press release, the ambition of these two corporations is to provide a flexible and interconnected maritime transportation network with industry-leading schedule reliability (over 90% reliability).

Since the two companies announced the new long-term cooperation in January 2024, they have been working hard to finalize the details of this cooperation, including a joint shipping network on East-West trade routes.

In October 2024, Gemini Cooperation will also announce the network, which is expected to go live in February 2025. The company is looking forward to the launch of its completely redesigned network next year, and the scheduled reliability target will be guaranteed. The collaboration between the two major ocean carriers will raise the bar for reliability for the benefit of customers and set a new and very high standard in the industry.

Depending on the network that Gemini Cooperation will deploy, the new network could include 27 or 29 efficient shipping services and be supported by a broader network of 30 regional shipping services. The cooperative network will use 300 or 340 ships.

Some information about the two service networks Suez Network and Cape Network

With a fleet of 287 modern container ships and a total shipping capacity of 2.2 million TEUs, Hapag-Lloyd is one of the world's leading shipping companies. In the Shipping segment, the Company has approximately 13,700 employees and 400 offices in 140 countries. Hapag-Lloyd has one of the largest and most modern refrigerated container fleets. A total of 114 space shuttle services worldwide ensure fast and reliable connections between more than 600 ports on all continents. In the Terminals & Infrastructure (ports, warehousing) segment, Hapag-Lloyd has shares in 20 terminals in Europe, Latin America, the United States, India, and North Africa. Approximately 2,900 employees are assigned to the Terminal & Infrastructure segment and provide additional logistics services at selected locations in addition to the station's operations.

A.P. Moller - Maersk (Maersk) is an integrated logistics company that works to connect and simplify the supply chain of its customers. The company operates in more than 130 countries and employs approximately 100,000 people worldwide. Maersk has a fleet of about 700 vessels owned and chartered by the company with a total capacity of more than 4 million TEUs. APM Terminals, an affiliate of Maersk, operates 60 ports and terminals in 33 countries under the APM Terminals brand or together with a joint venture partner.

Source: logistics.gov.vn