Hapag-Lloyd and Maersk, two of the world's leading container vessel operators, have signed an agreement for a new long-term operational collaboration named Gemini Cooperation, set to commence in February 2025. This partnership, which is not intended as a pun on their multi-faced Red Sea approach, will create a fleet pool with a combined capacity of 3.4 million twenty-foot equivalent units (TEU) across 290 vessels. Maersk will contribute 60% of the capacity, while Hapag-Lloyd will provide the remaining 40%. The collaboration marks a significant shift in global shipping alliances, with Hapag-Lloyd planning to exit its current alliance, THE Alliance, by the end of January 2025.
Maersk, Hapag-Lloyd team up in shakeup of ship alliances https://t.co/SrZ8w4Gx57 via @b_muzz @sanne_wass https://t.co/u9SUxez1ui
Hapag-Lloyd Maersk deal signals shake-up in global shipping alliances https://t.co/ccgYqwO9FU
Hapag-Lloyd, Maersk join forces in deal covering 3.4 million containers https://t.co/VI4cb70jh9
Maersk ad Hapag-Lloyd press release for new "Gemini Cooperation", which is apparently not a pun on their multi-faced Red Sea approach https://t.co/bkFgqeVOCk
Hapag-Lloyd, Maersk to form new alliance from 2025 https://t.co/jCvjdtJ5b3 https://t.co/lDWvtrZme9
$HLAG.DE and $MAERSK forge a long-term collaboration from February 2025, pooling 3.4 million containers (TEU) across 290 vessels. Maersk deploys 60%, Hapag-Lloyd 40%. Hapag-Lloyd exits THE Alliance by end-January 2025
⚠️ FACTBOX: HAPAG-LLOYD, MAERSK TO FORM NEW ALLIANCE FROM 2025 (Reuters) Container vessel operators Hapag-Lloyd of Germany and Maersk of Denmark said on Wednesday they will form a new alliance from February 2025. For Hapag-Lloyd, the tie-up, called Gemini Cooperation, will… https://t.co/WIKyMsgUz7
Hapag-Lloyd, Maersk sign long-term collaboration deal https://t.co/hDJi74VFUO https://t.co/kJdmSLV43I
17/01/2024 Headlines 1. Maersk & Hapag-Lloyd's Shipping Collaboration 2. Oil Prices Fall Amid Economic Growth Concerns 3. US Dollar Reaches One-Month High 4. ECB President Hints at Summer Rate Cuts #quanticX #quanticXDailyNews 👉 Follow us for more updates! https://t.co/Gf5VuTugdL
⚠️ HAPAG-LLOYD, MAERSK SIGN LONG-TERM OPERATIONAL COLLABORATION (Reuters) Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration starting February 2025 that will comprise a fleet pool with a combined capacity of 3.4 million containers…