Maersk, Hapag-Lloyd sign long-term collaboration deal

Maersk and Hapag-Lloyd are entering into an operational cooperation which will start in February 2025.

The new long-term operational collaboration called “Gemini Cooperation” will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU); Maersk will deploy 60% and Hapag-Lloyd 40%.

The cooperation will cover 7 trades: Asia / US West Coast, Asia / US East Coast, Asia / Middle East, Asia / Mediterranean, Asia / North Europe, Middle East – India / Europe and Transatlantic.

The two partners claim that have set the ambitious target of “delivering schedule reliability of above 90% once the network is fully phased in.”

The alliance will also benefit, as they say, customers with improved transit times in many major port-to-port corridors and access to some of the world’s best connected ocean hubs.

As a result of joining this cooperation, Hapag-Lloyd will leave THE Alliance end of January 2025. In January 2023, Maersk and MSC announced that the 2M alliance will end in January 2025.

“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,” said Rolf Habben Jansen, CEO of Hapag-Lloyd.

Vincent Clerc, CEO of Maersk, said: “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.”

”Gemini Cooperation” will comprise of 26 mainline services. The mainline ocean services will be complemented by a global network of dedicated shuttles centred around owned and/ or controlled transhipment hubs – thereof 14 shuttle services in Europe, 4 in the Middle East, 13 in Asia and 1 in the Gulf of Mexico.