Maersk, part of A.P. Moller – Maersk, together with Hapag-Lloyd, have announced the launch of their partnership named Gemini Cooperation.

This operational collaboration is set to provide a “flexible and interconnected ocean network”, aiming to achieve “industry-leading schedule reliability” of above 90% once it is fully operational.

Approximately 340 vessels will be integrated into the shared Maersk and Hapag-Lloyd ocean network. The network will see a gradual increase in vessels adhering to the new schedules.

The transition period is expected to conclude by late May. During this time, vessels will be transitioning into the new network and out of the current agreements that Maersk and Hapag-Lloyd hold with other carriers.

June is expected to be the inaugural month where the network operates at full capacity with all vessels following the Gemini schedules.

The collaboration’s ocean network will encompass East/West trades, comprising 29 mainliner services. These will be supported by a comprehensive array of 28 agile, intraregional shuttle services, ensuring “extensive” coverage and connectivity.

Maersk Ocean chief product officer Johan Sigsgaard said: “We are now ready to commence the phase-in of the new network. Over the last year, we have carefully planned this to ensure that all our customers experience a smooth transition into the new network.

“With its innovative design, we believe our customers will benefit from increased reliability, flexibility and more competitive products.”

Earlier this month, TMC Compressors (TMC) was chosen by Yangzijiang Shipbuilding Group to supply Smart Air compressors for six new methanol-powered container ships commissioned by Maersk.

These advanced compressors are expected to deliver energy savings of up to 40% over conventional models, according to TMC.