News / 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 to head of hubs and collaboration at APM Terminals Lars Mikael Jensen.

At a recent event to mark the launch of Maersk’s latest dual-fuel vessel, Adrian Maersk, Mr Jensen said the partnership would “reorient the make-up of the container shipping sector”, but stressed that the Danish carrier was not as exposed.

“Compared with us, Hapag-Loyd took a far bigger risk in ...