THE new shipping alliance between Maersk and Hapag-Lloyd will launch next year using the Cape of Good Hope shipping route.
The shipping giants announced their decision to launch their 'Gemini Cooperation' on February 1, via the Cape of Good Hope route, citing continued threats to commercial vessels in the Red Sea.
'Last month, we reached out with an update on the gemini Cooperation and the Network of the Future. We are now writing with further information about what network is expected to be phased in on February 1,' Maersk and Hapag-Lloyd said in a statement.
This decision is the latest indication that the Red Sea crisis shows no signs of abating, nearly a year after the Iranian-backed Houthis began their campaign against commercial shipping in solidarity with Palestinians in the Israel-Hamas conflict in Gaza.
'As the situation remains highly dynamic, Hapag-Lloyd and Maersk will return to the Red Sea when it is safe to do so,' Maersk and Hapag-Lloyd said in the joint statement.
The announcement noted that the Cape of Good Hope network will include 29 mainliner services supported by 28 intraregional shuttle services and will be operated by a fleet of around 340 vessels with a total capacity of 3.7 million TEU.
'The Gemini Cooperation's ambition is to deliver industry-leading schedule reliability of above 90 per cent once fully phased in, ensuring efficient and flexible services across the east-west trades,' Maersk and Hapag-Lloyd said.
SeaNews Turkey
The shipping giants announced their decision to launch their 'Gemini Cooperation' on February 1, via the Cape of Good Hope route, citing continued threats to commercial vessels in the Red Sea.
'Last month, we reached out with an update on the gemini Cooperation and the Network of the Future. We are now writing with further information about what network is expected to be phased in on February 1,' Maersk and Hapag-Lloyd said in a statement.
This decision is the latest indication that the Red Sea crisis shows no signs of abating, nearly a year after the Iranian-backed Houthis began their campaign against commercial shipping in solidarity with Palestinians in the Israel-Hamas conflict in Gaza.
'As the situation remains highly dynamic, Hapag-Lloyd and Maersk will return to the Red Sea when it is safe to do so,' Maersk and Hapag-Lloyd said in the joint statement.
The announcement noted that the Cape of Good Hope network will include 29 mainliner services supported by 28 intraregional shuttle services and will be operated by a fleet of around 340 vessels with a total capacity of 3.7 million TEU.
'The Gemini Cooperation's ambition is to deliver industry-leading schedule reliability of above 90 per cent once fully phased in, ensuring efficient and flexible services across the east-west trades,' Maersk and Hapag-Lloyd said.
SeaNews Turkey
