Maersk and Hapag-Lloyd agree on joint operational cooperation Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an AP Moller company - Maersk (Maersk) have reached an agreement for a new, long-term operational collaboration called “Gemini Cooperation”, which will start in February 2025 . The aim is to create a flexible and interconnected service network in maritime transport with industry-leading reliability. “Working with Maersk will help further increase the quality we offer our customers. “In addition, we will benefit from improvements in efficiency in our operations and joint efforts to further accelerate the decarbonization of our industry,” says Rolf Habben Jansen, CEO of Hapag-Lloyd. The new cooperation between Hapag-Lloyd and Maersk will include a fleet pool of around 290 ships with a combined capacity of 3.4 million standard containers (TEU); Maersk will provide 60% of this and Hapag-Lloyd 40%. “We are very pleased about the cooperation with Hapag-Lloyd, because the company is an ideal shipping partner on our strategic journey. Through this collaboration, we offer our customers a flexible maritime transport network that raises the bar for reliability in our industry. The collaboration will strengthen our integrated logistics offering while meeting the needs of our customers,” said Vincent Clerc, CEO of Maersk. As part of the agreement, the two companies have set an ambitious goal of achieving schedule reliability of over 90% once the network is fully deployed. In addition to improved service quality, customers will also benefit from improved transit times in many key port-to-port corridors and access to some of the best-connected maritime hubs in the world. Both companies are intensively driving forward the decarbonization of their fleets and have set themselves the most ambitious decarbonization goals in the industry: Maersk wants to achieve net-zero emissions by 2040 and Hapag-Lloyd by 2045. As part of the decision to pursue this collaboration, Hapag-Lloyd will leave THE Alliance in January 2025. In January 2023, Maersk and MSC announced that the 2M alliance would end in January 2025. During 2024, Maersk and Hapag-Lloyd will carefully plan the transition from their current alliances to the new operational collaboration. At the same time, services for customers will continue under existing agreements. Further details about the Gemini Cooperation, including the new ship schedules, will be published in due course as they become available.
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Maersk And Hapag-Lloyd Are Entering Into An Operational Cooperation Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an entity under A.P. Moller – Maersk (Maersk), have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability. “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,” says Rolf Habben Jansen, CEO of Hapag-Lloyd. The new cooperation between Hapag-Lloyd and Maersk 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%. “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,” says Vincent Clerc, CEO of Maersk. As a part of the agreement, the two companies have set the ambitious target of delivering schedule reliability of above 90% once the network is fully phased in. As well as improved service quality, customers will also benefit from improved transit times in many major port-to-port corridors and access to some of the world’s best connected ocean hubs. Both companies are committed to the decarbonisation of their fleets and have set the most ambitious decarbonisation targets in the industry with Maersk aiming for net-zero in 2040 and Hapag-Lloyd in 2045. As a consequence 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. During 2024, Maersk and Hapag-Lloyd will carefully plan the transition from their current alliances to the new operational cooperation. Concurrently, service to customers will continue along existing agreements. About the new network “Gemini Cooperation” will be a long-term operational cooperation starting in February 2025. Both companies will provide dedicated operational teams to manage the cooperation Both Hapag-Lloyd and Maersk can flexibly adjust their operations outside the network to scale capacity in line with their customers’ needs As a part of the agreement, the two companies have set the ambitious target of delivering a schedule reliability of above 90% once the network is fully phased in. This objective is backed by a strong governance model and contractual obligations. A.P. Moller - Maersk Maersk Line, Limited Hapag-Lloyd AG Vincent Clerc Rolf Habben Jansen
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𝐇𝐚𝐩𝐚𝐠-𝐋𝐥𝐨𝐲𝐝 𝐚𝐧𝐝 𝐌𝐚𝐞𝐫𝐬𝐤 𝐀𝐧𝐧𝐨𝐮𝐧𝐜𝐞 "𝐆𝐞𝐦𝐢𝐧𝐢 𝐂𝐨𝐨𝐩𝐞𝐫𝐚𝐭𝐢𝐨𝐧" Hapag-Lloyd AG-Lloyd and A.P. Moller - Maersk have announced a new operational cooperation named "Gemini Cooperation," starting in February 2025. The collaboration will include a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU), with Maersk deploying 60% and Hapag-Lloyd 40%. Key points of the announcement: 1. Service Quality and Reliability: The companies aim to deliver schedule reliability above 90% once the network is fully phased in, providing improved service quality and transit times in major port-to-port corridors. 2. Decarbonization Commitment: Both Hapag-Lloyd and Maersk are committed to the decarbonization of their fleets. Maersk aims for net-zero emissions by 2040, while Hapag-Lloyd targets 2045. 3. Transition from Alliances: As a consequence of joining the new cooperation, Hapag-Lloyd will leave THE Alliance at the end of January 2025. In January 2023, Maersk and MSC announced the end of the 2M alliance in January 2025. 4. Transition Planning: During 2024, Maersk and Hapag-Lloyd will carefully plan the transition from their current alliances to the new operational cooperation while continuing to serve customers along existing agreements. 5. Global Network and Shuttle Services: The cooperation will leverage the combined global networks and terminal presence of both companies. Shuttle services will be provided around owned and/or controlled transshipment hubs in Europe, the Middle East, Asia, and the Gulf of Mexico. 6. 26 Mainline Services: 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 Transatlantic, comprising 26 mainline services. ”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." Rolf Habben Jansen, 𝐂𝐄𝐎 𝐨𝐟 𝐇𝐚𝐩𝐚𝐠-𝐋𝐥𝐨𝐲𝐝 "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.” Vincent Clerc, 𝐂𝐄𝐎 𝐨𝐟 𝐌𝐚𝐞𝐫𝐬𝐤 ### #HapagLloyd #Maersk #GeminiCooperation #Shipping #Logistics #SupplyChain https://lnkd.in/d43AsF6H
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The new carrier alliance - Gemini Cooperation (GC) At the end of Jan 2025, the THEA alliance of ONE, Yang Ming and HMM, will be without Hapag-Lloyd and the 2M alliance will officially cease. Both Maersk and Hapag-Lloyd signed a new long-term operational collaboration called GC. The combined fleet has about 290 vessels and 3.4M TEU from Maersk (60%) and Hapag-Lloyd (40%) and will start in Feb 2025. The GC aims to deliver flexible and interconnected ocean networks with industry-leading reliability with the target of delivering schedule reliability of above 90% once the network is fully phased in. The new network cover 7 trades for Asia/USWC, Asia/USEC, Asia/Mid-East, Asia/Med, Asia/North Europe, Mid-East - India/Europe and Transatlantic. There will be 26 mainline services. Shuttle services will be 14 in Europe, 4 in Mid-East, 13 in Asia and 1 in Gulf of Mexico. Hapag-Lloyd CEO, Rolf Habben Jansen said that teaming up with Maersk will help them to further boost the quality they deliver to their customers. Additionally, they will benefit from efficiency gains in their operations and joint efforts to further accelerate the decarbonization of the industry. Maersk CEO, Vincent Clerc is pleased they entered this cooperation with Hapag-Lloyd, which is the ideal ocean partner on their strategic journey. By entering this cooperation, they will be offering customers a flexible ocean network that will raise the bar for reliability in the industry. This will strengthen their integrated logistics offering and meet customers’ needs.
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A.P. Moller - Maersk and Hapag-Lloyd AG-Lloyd forms a new alliance : Gemini Coorporation. This is a major shake-up in the container shipping setup on the East-West trades. In December 2022 I voiced the view that the 3 main alliances would be breaking up over the coming year and we would see a new alignment of partnerships on the east-west trade. The view was that 2M would break up first and this would then snowball as especially Maersk would be needing a new partner. The 2M breakup was then announced in early 2023 with effect from early 2025. Today we see the next step unfold as the THE Alliance breaks up and Hapag-Lloyd now links up with Maersk from early 2025. This leaves ONE, Yangming and HMM in a very vulnerable position, unable to field a network matching those of Ocean Alliance, MSC and Gemini. The pressure is then on these three carriers to either lure a new partner out from Ocean Alliance, or re-invent a new service concept. But the pressure is also on CMA-CGM, COSCO and Evergreen in the Ocean Alliance. With the playing field having opened in this way each of these carriers will be asking themselves whether the current OA setup is ideal for themselves or whether a new constellation might be better. Additionally, the removal of the EU anti-trust exemption by the end of April 2024 will add significant pressure on Ocean Alliance as they will then be materially larger than the other constellations, and hence they might well become the focus for competition authorities if they have a political need to show action following the exemption removal. Alliances tend to have a lifespan of roughly 5-8 years, and hence the re-alignment we are seeing now will most likely be the competitive playing field on the east-west services into the early 2030s.
Maersk and Hapag-Lloyd are entering into an operational cooperation
hapag-lloyd.com
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Leading expert in the container shipping industry. Click "Follow Me" here on LinkedIn to stay updated
A.P. Moller - Maersk and Hapag-Lloyd AG-Lloyd forms a new alliance : Gemini Coorporation. This is a major shake-up in the container shipping setup on the East-West trades. In December 2022 I voiced the view that the 3 main alliances would be breaking up over the coming year and we would see a new alignment of partnerships on the east-west trade. The view was that 2M would break up first and this would then snowball as especially Maersk would be needing a new partner. The 2M breakup was then announced in early 2023 with effect from early 2025. Today we see the next step unfold as the THE Alliance breaks up and Hapag-Lloyd now links up with Maersk from early 2025. This leaves ONE, Yangming and HMM in a very vulnerable position, unable to field a network matching those of Ocean Alliance, MSC and Gemini. The pressure is then on these three carriers to either lure a new partner out from Ocean Alliance, or re-invent a new service concept. But the pressure is also on CMA-CGM, COSCO and Evergreen in the Ocean Alliance. With the playing field having opened in this way each of these carriers will be asking themselves whether the current OA setup is ideal for themselves or whether a new constellation might be better. Additionally, the removal of the EU anti-trust exemption by the end of April 2024 will add significant pressure on Ocean Alliance as they will then be materially larger than the other constellations, and hence they might well become the focus for competition authorities if they have a political need to show action following the exemption removal. Alliances tend to have a lifespan of roughly 5-8 years, and hence the re-alignment we are seeing now will most likely be the competitive playing field on the east-west services into the early 2030s.
Maersk and Hapag-Lloyd are entering into an operational cooperation
hapag-lloyd.com
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Exciting times in the shipping industry! The formation of the Gemini Cooperation between Maersk and Hapag-Lloyd marks a major shift in the East-West trades. With a fleet pool of 290 vessels boasting a combined capacity of 3.4 million TEU, Maersk (60%) and Hapag-Lloyd (40%) are set to achieve operational efficiency gains. But that's not all – both companies are committed to decarbonizing their fleets, contributing to a more sustainable industry. Maersk aims for net-zero emissions by 2040, and Hapag-Lloyd targets 2045. The Cooperation leaves an indelible mark on the industry's landscape. As 2M dissolves and THE Alliance undergoes changes, the pressure is on others to adapt. ONE, Yangming, and HMM face strategic decisions, and CMA-CGM, COSCO, and Evergreen in Ocean Alliance may reassess their setups. Looking forward to seeing how this dynamic landscape evolves into the early 2030s. #ShippingTransformed #ShippingIndustry #GeminiCooperation #SupplyChain #ShippingAlliances #Sustainability #LogisticsInnovation
Leading expert in the container shipping industry. Click "Follow Me" here on LinkedIn to stay updated
A.P. Moller - Maersk and Hapag-Lloyd AG-Lloyd forms a new alliance : Gemini Coorporation. This is a major shake-up in the container shipping setup on the East-West trades. In December 2022 I voiced the view that the 3 main alliances would be breaking up over the coming year and we would see a new alignment of partnerships on the east-west trade. The view was that 2M would break up first and this would then snowball as especially Maersk would be needing a new partner. The 2M breakup was then announced in early 2023 with effect from early 2025. Today we see the next step unfold as the THE Alliance breaks up and Hapag-Lloyd now links up with Maersk from early 2025. This leaves ONE, Yangming and HMM in a very vulnerable position, unable to field a network matching those of Ocean Alliance, MSC and Gemini. The pressure is then on these three carriers to either lure a new partner out from Ocean Alliance, or re-invent a new service concept. But the pressure is also on CMA-CGM, COSCO and Evergreen in the Ocean Alliance. With the playing field having opened in this way each of these carriers will be asking themselves whether the current OA setup is ideal for themselves or whether a new constellation might be better. Additionally, the removal of the EU anti-trust exemption by the end of April 2024 will add significant pressure on Ocean Alliance as they will then be materially larger than the other constellations, and hence they might well become the focus for competition authorities if they have a political need to show action following the exemption removal. Alliances tend to have a lifespan of roughly 5-8 years, and hence the re-alignment we are seeing now will most likely be the competitive playing field on the east-west services into the early 2030s.
Maersk and Hapag-Lloyd are entering into an operational cooperation
hapag-lloyd.com
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Historical Move - G - Cooperation Maersk & Hapag signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability. The new cooperation between Hapag-Lloyd and Maersk 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%. On Avg 11724 TEUs vessel to be in place to serve global and regional demand Pros - Gemini Cooperation As a part of the agreement, the two companies have set the ambitious target of delivering schedule reliability of above 90% once the network is fully phased in. As well as improved service quality, customers will also benefit from improved transit times in many major port-to-port corridors and access to some of the world’s best connected ocean hubs. Accelerate the decarbonisation with more cleaner fuels. Both companies are committed to the decarbonisation of their fleets and have set the most ambitious decarbonisation targets in the industry with Maersk aiming for net-zero in 2040 and Hapag-Lloyd in 2045. Cons - Gemini Cooperation As a consequence 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.
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Another shakeup of global liner alliances is on the horizon. Maersk and Hapag-Lloyd have formed a new agreement called the Gemini Corporation, which will launch in February 2025. It’s predicted that this new entity will have a negative impact on existing alliances, particularly THE Alliance and the Ocean Alliance. In order to stay competitive, other carriers may need to find new partners or change their service offerings. #thefreightarchitects #jaguarfreight #logistics
Global liner structures up in the air as Maersk forms the Gemini Cooperation with Hapag-Lloyd - Splash247
https://splash247.com
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Another shakeup of global liner alliances is on the horizon. Maersk and Hapag-Lloyd have formed a new agreement called the Gemini Corporation, which will launch in February 2025. It’s predicted that this new entity will have a negative impact on existing alliances, particularly THE Alliance and the Ocean Alliance. In order to stay competitive, other carriers may need to find new partners or change their service offerings. #thefreightarchitects #jaguarfreight #logistics
Global liner structures up in the air as Maersk forms the Gemini Cooperation with Hapag-Lloyd - Splash247
https://splash247.com
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Maersk and Hapag-Lloyd are entering into an operational #cooperation Hapag-Lloyd AG (Hapag-Lloyd) and Maersk A/S, an entity under A.P. Moller - Maersk (Maersk), have signed an agreement for a new long-term operational collaboration called ”Gemini Cooperation”, which will start in February 2025. The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability. “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,” says Rolf Habben Jansen, CEO of Hapag-Lloyd. The new cooperation between Hapag-Lloyd and Maersk 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%. “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,” says Vincent Clerc, CEO of Maersk. A.P. Moller - Maersk | Hapag-Lloyd AG Source: Hapag Lloyd
Maersk and Hapag-Lloyd are entering into an operational cooperation
hapag-lloyd.com
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