Hapag-Lloyd and Maersk Form 'Gemini Cooperation' to Share Shipping Space
The alliance aims to improve container ship punctuality using a hub-and-spoke system inspired by aviation logistics.
- The newly launched 'Gemini Cooperation' unites German shipping company Hapag-Lloyd and Danish firm Maersk in a container space-sharing agreement.
- The alliance seeks to achieve a schedule reliability rate exceeding 90% after several months, a goal not reached by the industry even before the pandemic.
- Ships in the alliance will adopt a hub-and-spoke system, focusing on major ports to reduce delays and improve efficiency.
- Hapag-Lloyd and Maersk previously belonged to separate alliances; competitors like MSC have chosen to operate independently or form other partnerships.
- Due to security concerns in the Red Sea, the alliance will continue routing ships via the Cape of Good Hope, extending travel times and requiring additional vessels.