Carrier Alliances Shaken Up By Maersk & Hapag

January 19, 2024

Carrier Alliances Shaken Up By Maersk & Hapag

Maersk and Hapag Lloyd have announced a new carrier collaboration this week that seems to have broken the mould of the existing alliance structure.

The two carriers have formed the new ‘Gemini Cooperation’ which will be effective from February of next year, and will see them collaborate together on the major routes of Asia-Europe, Transatlantic, Asia-US, Asia-Middle East, Asia-Mediterranean and Middle East/India-Europe.

Together they will offer around 3.4m TEU of capacity on 290 vessels via 26 mainline services. Of that capacity, Maersk will be providing 60%.

It had been widely expected that Maersk would be going solo with their own network when their relationship with MSC and the 2M Alliance concludes next year. However, their CEO has just stated that Hapag Lloyd are “the ideal partner on our strategic journey”.

It is Hapag Lloyd’s involvement which comes as the biggest surprise to the shipping industry, as they are existing members of THE Alliance (THEA), and according to some reports that agreement is not due to expire until 2030.

As for the remaining members of THEA, namely ONE, Yang Ming and HMM, it is unclear how they will remodel without Hapag Lloyd. The next few weeks or months will give us a much better understanding of where the carrier landscape is heading and the Killick team will keep you updated with developments.

Other News

The Shape Of Carrier Alliances From 2025

The Shape Of Carrier Alliances From 2025

The Shape Of Carrier Alliances From 2025 Steamship lines have been maneuvering during recent weeks, as the carrier alliance pack starts to reshuffle itself ahead of 2025. It seemed likely we would see further changes to the current alliance structure as soon as Maersk...

read more
Asia Air Volumes Rising Due To Red Sea Crisis

Asia Air Volumes Rising Due To Red Sea Crisis

Red Sea Situation Continuing To Impact Ocean Freight Following recent attacks on commercial ships in the Red Sea, and the subsequent routing of ocean vessels around Africa, air freight has started to feel the knock-on effects. The longer transit times and capacity...

read more
Chinese New Year – Enter The Dragon

Chinese New Year – Enter The Dragon

Chinese New Year - Enter The Dragon The new Chinese New Year starts this weekend - The Year Of The Dragon​ - Therefore, it's time to share some facts and information about this annual celebration. When This year's holiday in China starts on Saturday 10th February and...

read more
Red Sea Situation Continuing To Impact Ocean Freight

Red Sea Situation Continuing To Impact Ocean Freight

Red Sea Situation Continuing To Impact Ocean Freight There is seeming no immediate sign of respite for global supply chains, as container ships in the Red Sea have continued to be targeted this week. Two container ships were targeted on Wednesday and forced to flee...

read more

Follow us on social media

Air Freight Services

Contracts with all major airlines and our own consolidation services.

View More

Ocean Freight Solutions

Flexible FCL and LCL solutions with all major carriers and alliances.

View More

European Road Freight

Pan European services for economy, express, full load, and intermodal.

View More

Customs

A one-stop shop brokerage service for all of your customs requirements.

View More