Hapag 'took the bigger risk' when it signed up to Gemini, says Maersk
Hapag-Lloyd “took the bigger risk” in the partnership with Maersk in the Gemini Cooperation, according ...
Flag of India near the parcels on the world map. World trade. Exports and imports of goods. Economy of the country
Southern India’s ocean trade continues to be a challenging market for both Maersk and Hapag-Lloyd, with the pair cutting back on loading space.
According to industry sources, the Gemini Cooperation partners have pared down the loading space they share on a direct call at Ennore port (Chennai) for Europe trades, which began in early February.
The new joint loop, branded ME2 by Maersk and IEX by Hapag-Lloyd, is the only long-haul mainline operation out of India’s ...
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