Maersk and MSC had already announced the dissolution of their 2M alliance last year.
Gemini will consist of an initial 290 vessels, totalling 3.4 million teu, 60% of these ships will be deployed by the Danes with the remainder coming from Hapag-Lloyd.
Both carriers pride themselves on their high-quality services, reputations which have suffered through the pandemic era, but the carriers are targeting schedule reliability of over 90% allied with improved transit times.
A joint statement by the carriers said: “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.”
The lines expect to release further details of the alliance throughout this year as vessel schedules and service offerings are developed.
Maersk CEO Vincent Clerc said that Hapag-Lloyd is “the ideal ocean partner” for its strategic journey, “By entering this co-operation, we will be offering our customers a flexible ocean network that will be raising the bar for reliability in the industry.”
Rolf Habben Jansen, CEO at Hapag-Lloyd also believes that the new alliance will be able to offer a high-quality service, but he also emphasises the importance of the green agenda as a differentiation.
“We will benefit from efficiency gains in our operations and joint efforts to further accelerate the decarbonisation of our industry,” he said.
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