Gemini News

Capacity and its deployment dominate the outlook for shippers this year as they digest the impact of tariffs, the potential rebound in Red Sea traffic and the introduction of the new alliance Gemini, according to global consulting firm AlixPartners’ 2025 Container Shipping Outlook Report, “Navigating the Crosscurrents.”The tailwinds from the Suez Canal diversions, industrial action at ports, and a U.S. soft landing reversed early expectations in 2024 and resulted in container shippers enjoying one of their best years on record.

The US Federal Maritime Commission (FMC) has announced that the Premier Alliance Agreement (No. 201435) can take effect on February 9, 2025.The Premier Alliance is replacing THE Alliance, but does not include Hapag-Lloyd which instead entered the Gemini Cooperation with Maersk.The new arrangement allows Hyundai Merchant Marine (HMM), Ocean Network Express (ONE) and Yang Ming to share vessels on trade lines between the United States and Asia, the Middle East and Europe.The cooperation is comprised of mainline services across the major East – West Tradelines: Asia – North America West Coast…

Container shipping liner Hapag-Lloyd will be able to cope with the advent of U.S. tariffs on Chinese products, its chief executive told reporters on Tuesday."It is too early to push the panic button," CEO Rolf Habben Jansen said in the remarks published on Wednesday, when additional 10% tariffs kicked in, and made before U.S. President Donald Trump proposed that his country to take over the Gaza Strip."Fortunately we are able to react when transport flows change," he said, adding foreseeable events were easier to handle than the unexpected ones…

DP World Southampton has welcomed the arrival of MV Leonidio, the first ship to dock to the port under the Gemini Cooperation agreement, set up by Hapag-Lloyd and Maersk. The MV Leonidio docked at the Southampton logistics hub on February 3 as part of its first rotation on the Gemini Transatlantic AL1/AT3 service.The ship will call at the ports of Rotterdam, Hamburg, and Wilhelmshaven in Northern Europe before crossing the Atlantic to dock at New York, Philadelphia, Baltimore…

On February 1, Maersk A/S (Maersk), an entity under A.P. Moller - Maersk, and Hapag-Lloyd AG (Hapag-Lloyd) launch their operational collaboration Gemini Cooperation. The ambition is to deliver a flexible and interconnected ocean network with industry-leading schedule reliability above 90 percent once fully phased in.Around 340 vessels will be phased in and be a part of Maersk and Hapag-Lloyd’s shared ocean network with the first sailings taking place on February 1, and more vessels will gradually sail on the new schedules.“We are now ready to commence the phase-in of the new network.

With the upcoming dissolution of the 2M Alliance in early 2025, JAXPORT is maintaining and growing its global container services through strategic partnerships with the world's top ocean carriers. New and modified service routes through JAXPORT will provide expanded global connectivity and access to new and emerging markets.Three primary changes are taking place beginning in February 2025.The Gemini Cooperation – an alliance between Maersk and Hapag-Lloyd – has added JAXPORT to a new, direct service calling Cartagena, Colombia, opening doors not only to South American markets but also to the global Gemini network, including ports in Asia…

Hapag-Lloyd expects lower profitability in the fourth quarter but still at a "good level", after freight rates peaked in the third quarter, Rolf Habben Jansen, the CEO of the German shipping company, said at a press conference on Monday.Habben Jansen also expects disruptions in the Red Sea linked to Houthi militants to continue well into 2025, meaning that rerouting around Africa would continue.Hapag's nine-month net profit fell by 47% as diverting container ships around Africa brought costs for the company.The world's fifth-biggest container shipping firm expects prolonged uncertainty beyond 2024 as volatile freight rates and geopolitical challenges persist.Its Gemini joint venture with Danish peer Maersk MAERSK remains on track with a network being built around the Cape of Good Hope…

Container shipping firm Hapag-Lloyd and sector peer Maersk expect to open bookings in two weeks for their new Gemini cooperation starting in Feb. 2025, Hapag chief executive Rolf Habben Jansen said in a call with analysts on Thursday."We will take bookings in early December and have 10 weeks to go for start of operations," he said on a presentation for nine-months earnings. "We are confident that we are off to a good start."The tie-up, which both say would bring more efficient and flexible services…

The two people leading Hapag-Lloyd and Maersk into the new Gemini Cooperation spoke at the Xeneta Summit in Amsterdam last week expressing confidence in the new alliance achieving its ambition of 90% service reliability.The Gemini Cooperation will begin operating on February 1 next year, with a new hub and spoke approach of mainliner and transshipment services designed to increase reliability.Rolf Habben Jansen, CEO of Hapag-Lloyd, and Kenni Skotte, Vice President and Head of Ocean Network Product at Maersk…

Esgian provides an update on new contract awards for floating rigs in its Week 37 Rig Analytics Market Roundup.Report SummaryContractsTransocean Ltd. has secured a 365-day contract for the 12,000-ft drillship Deepwater Atlas with bp in the US GOM.Norwegian operator Aker BP has extended the contract for Saipem’s 10,000-ft semisub Scarabeo 8 in Norway.Drilling Activity and DiscoveriesEquinor has found hydrocarbons at the Sitka C-02 exploration well in the Flemish Pass area offshore Newfoundland & Labrador…

Maersk and Hapag-Lloyd could add more container vessels to an alliance announced earlier this year if shipping disruptions in the Red Sea continue, the companies said on Tuesday.Attacks in the Red Sea by Iran-aligned Houthi militants have since late last year forced shipping companies to reroute traffic away from the Suez Canal and instead sail around Africa, a longer journey that ties up more capacity.Maersk and Hapag-Lloyd in January said they had agreed on a new collaboration, starting in February of 2025, to transport a combined 3.4 million containers annually with a fleet of 290 vessels,

In February 2025, Maersk and Hapag-Lloyd will launch their Gemini Cooperation aimed at delivering a flexible and interconnected ocean network with schedule reliability above 90% once fully phased in.The companies unveiled the concept in January 2024 and have been working on finalizing the details of a joint ocean freight network on East-West trades. Depending on which network the cooperation will phase in, the new network will consist of either 300 or 340 vessels:Trans-Suez Network: Approx.

A global operational alliance between two of the world’s largest container shipping companies will not go into effect next week as planned following a move by the U.S. Federal Maritime Commission to study the potential competitive impacts of the arrangement.The FMC said on Friday it is seeking more information to determine the potential competitive impacts of the proposed Gemini Cooperation Agreement, which would allow ocean carriers Maersk and Hapag-Lloyd to share vessels in the trades between the United States and Asia…

Hapag-Lloyd and Maersk signed an agreement for a new long-term operational collaboration called Gemini Cooperation, aiming to start in February 2025.Simultaneous with the announcement, Hapag-Lloyd informed its partners in THE Alliance that it would end its participation in January 2025. In a press call with journalists, Rolf Habben Jansen, CEO, Hapag-Lloyd stressed this is “not a decision against THE Alliance, this is a decision for Gemini Corporation.”“This is about bringing schedule reliability to the next level…

Shipping industry majors Hapag-Lloyd and Maersk have signed an agreement for a new long-term operational collaboration called ‘Gemini Cooperation’, which will start in February 2025.The ambition is to deliver a flexible and interconnected ocean network with industry-leading reliability.The new cooperation between the companies will comprise a fleet pool of around 290 vessels with a combined capacity of 3.4 million containers (TEU). Maersk will deploy 60% and Hapag-Lloyd 40%, the shipping giants said.As a part of the agreement…

David Clark Company is best known within the marine market for its wireless and digital headset workboat crew communication systems – the Series 9900 Wireless Marine Headset System and the Series 9100 Digital Marine Headset System. The company has over 20 years of experience designing and manufacturing boat crew communication solutions for a variety of workboats, e.g., patrol boats, fire/rescue craft, and offshore service vessels.But you may not know that David Clark Company started…

BW LPG has demonstrated the value of dual-fuel LPG operations beyond the company’s initial aim of meeting IMO 2020 Sulphur Cap regulations.In October 2020, the LPG carrier BW Gemini became the first very large gas carrier (VLGC) to have its low-speed main engine converted to an LPG dual-fuel engine. The project started several years earlier, sparked by Oslo-listed BW LPG’s preparations for the IMO’s 2020 Sulphur Cap regulations.Compared to heavy fuel oil, LPG reduces Sox emissions by approximately 97%…

Spearheaded by the Water Emergency Transportation Authority (WETA), Bay Ferry 2050 is a visionary initiative aimed at transforming the San Francisco Bay Ferry service into an eco-friendly and forward-thinking transportation system. With a focus on fleet electrification, community engagement and the exploration of alternative propulsion technologies, the project sets the stage for a more community-minded, sustainable, operationally strong, fiscally sound and environmentally conscious…

The San Francisco Bay Area Water Emergency Transportation Authority (WETA) and Bay Area Air Quality Management District (Air District) announced that WETA’s Gemini Class Clean Air Conversion Project has been completed, resulting in a substantial decrease in air pollution emissions from four San Francisco Bay Ferry vessels serving Oakland, Alameda and Richmond.In September 2021, WETA's Board of Directors approved a $5.5 million project to upgrade the engines and reduce emissions on the agency’s four Gemini-class vessels.

International trade by sea has long been a key part of the world economy and approximately 90% of traded commodities is reliant on shipping. Once wind-propelled in the days of sail, the current generation of ships now heavily rely on fossil fuels. Fossil fuel propulsion contributes to global warming with carbon emissions approximating 940 MtCO2e per year and also has health implications for communities surrounding ports through the release of air pollutants. The environmental impact of fossil-fuelled engines is further compounded by their use in port infrastructure…

MAN Energy Solutions’ after-sales division, MAN PrimeServ, has announced the signing of a contract to retrofit two LPG carriers for Tianjin Southwest Maritime Ltd. – the Chinese liquefied-gas carrier operator. The COSCO Shipping Heavy Industry (Guangdong) yard will host the respective conversions of the individual MAN B&W 6G60ME-C engines aboard the ‘Gas Gemini’ and ‘Gas Aquarius’ to dual-fuel MAN B&W 6G60ME-LGIP units capable of running on LPG. The two vessels will be retrofitted in parallel, beginning May 30, 2023.PrimeServ will jointly carry out the work with CMS (CSSC Marine Service Co.

Pieter van Oord is candid in discussing the future growth of his storied company’s activities in offshore wind with specific insights on challenging current jobs, Van Oord’s recent order of a massive and groundbreaking Wind Turbine Installation Vessel, and the company’s future working in the United States.Pieter, to start, can you give a ‘By the Numbers’ look at your company today using the metrics of your choice?Well, 2021 was a disappointing year for us. As we said in our annual report…

The U.S. Federal Maritime Commission (FMC) on Thursday announced the membership of its newly formed National Shipper Advisory Committee.The committee is comprised of 24 members, evenly divided between those who export cargo from and those who import cargo to the United States, that will advise the commission on policies relating to the competitiveness, reliability, integrity and fairness of the international ocean freight delivery system.“The current freight transportation challenges…