Hapag-Lloyd gives update on Gemini Cooperation

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Hapag-Lloyd reveals update on Gemini Cooperation

Hapag-Lloyd has announced an update on its collaboration with A.P. Moller-Maersk (Maersk) as they edge closer to the launch of the Gemini Cooperation, set for February 2025.

The key updates are as follows:

  • Two Network Options: Given the ongoing disruptions in the Red Sea, Hapag-Lloyd presents two network options showcasing a slightly updated Suez Network building on Red Sea routings and an alternative Cape Network.

  • Comprehensive Network Structure: The shipping liner plans to announce in October its network selection for operations. Depending on which network option is finally selected to kickstart the Gemini Cooperation, there will be 57- 59 services, including efficient mainliners and an extensive shuttle network accompanied by a fleet of 300-340 vessels.

  • Network Design for Reliability: The liner’s hub and spoke network design reportedly ensures resilience and adaptability.

READ: The future of shipping alliances

In a released statement, Hapag-Lloyd commented: “By providing full transparency and innovative solutions, we aim to help you navigate the complexities of global logistics with ease.

“You can trust that the Gemini Cooperation will bring a new level of operational excellence, enabling more predictable supply chains with less disruptions. Paired with our unrivalled customer service, we are working hard to make your life in global container logistics as easy as possible.”

Just recently, Hapag-Lloyd recorded a sharp profit loss to $791 million in the first six months of the year, down from $3.1 billion or 75 per cent from the same period last year.

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