Red Sea Comeback Falters as Maersk Diverts Ships Back Around Cape
Less than a month after restarting limited Red Sea transits, Maersk is once again rerouting select services around the Cape of Good Hope, underscoring how
Less than a month after restarting limited Red Sea transits, Maersk is once again rerouting select services around the Cape of Good Hope, underscoring how
Hapag-Lloyd reported preliminary 2025 financial results that came in at the upper end of its guidance, even as earnings fell sharply from the prior year amid
Maersk slipped into a rare quarterly loss in its Ocean division as freight rates weakened and the container giant began a cautious return to Red Sea and Suez
Maersk and Hapag-Lloyd have announced the first structural return of a Gemini Cooperation service to the Red Sea, marking a cautious step toward
Hapag-Lloyd AG delivered solid third-quarter results despite navigating volatile freight rates and a challenging geopolitical landscape, with the German
The container shipping industry faces major changes as Maersk and Hapag-Lloyd launch their Gemini Cooperation on Saturday, February 1, 2025. This new
German container shipping giant Hapag-Lloyd has reported positive preliminary financial results for 2024, with increased transport volumes and stable freight
Two of the world's top shipping companies, Maersk and Hapag-Lloyd, said on Thursday they did not see an immediate return to Red Sea after
APM Terminals has completed the final phase of its ambitious expansion project at MedPort Tangier, adding 2 million TEU capacity to solidify its position as
Maersk and Hapag-Lloyd have selected London Gateway as their primary UK hub for the upcoming Gemini Cooperation, set to launch on February 1, 2025. As part of
Hapag-Lloyd has followed in the footsteps of its future Gemini Cooperation partner Maersk with an upward revision of its earnings outlook for 2024, driven by
A.P. Moller – Maersk A/S (Maersk) has raised its full-year financial guidance for 2024, marking the fourth upward revision this year as strong demand and
The heads of the new Gemini Cooperation—Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at
Shipping giants Maersk and Hapag-Lloyd have announced their decision to utilize the Cape of Good Hope network for the launch of their “Gemini
Container shipping alliances are reshaping their East-West liner schedules for 2025, with new network plans and partnerships emerging as the industry continues
Maersk A/S and Hapag-Lloyd AG have released an update on their upcoming “Gemini Cooperation,” a long-term operational collaboration set to launch
The Gemini Cooperation Agreement between shipping giants Maersk and Hapag-Lloyd took effect on Monday, signaling a major shift in the global maritime industry.
Container shipping lines Ocean Network Express (ONE), HMM, and Yang Ming Marine Transportation have announced the formation of a new alliance named
A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week due to a need for more
The Federal Maritime Commission has opened a 12-day comment period for public response to Maersk and Hapag Lloyd’s new vessel sharing agreement, called
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