Maersk and Hapag-Lloyd form Gemini Cooperation, deploy Network of the Future

In Norway, Offshore Energy reports in a significant collaboration, A.P. Moller Maersk and Hapag-Lloyd announced the details of their operational partnership, the Gemini Cooperation, set to launch in February 2025. This cooperation will deploy between 300 and 340 vessels, with Maersk providing 60% and Hapag-Lloyd 40% of the fleet. Many of these ships will be equipped to adopt cleaner fuels such as green methanol.

The Gemini Cooperation will introduce two distinct ocean networks, including a Cape of Good Hope route due to disruptions in the Red Sea and a Trans-Suez network. The Cape of Good Hope fleet will consist of up to 340 vessels, offering a capacity of 3.7 million TEUs, while the Trans-Suez network will field approximately 300 vessels with a 3.4 million TEU capacity.  In October, Gemini will decide which network will begin February operations, based on Red Sea transit risks.

Both Maersk and Hapag-Lloyd view the partnership as a step forward in decarbonising global shipping, aligning their shared ambitions for cleaner maritime operations and raising the bar for industry standards.

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