gemini-cooperation
The investment will give Hapag-Lloyd long-term capacity at the expanding Maasvlakte II terminal, a key European hub for the Gemini Cooperation.
Hapag-Lloyd has agreed to acquire a 25 percent stake in APM Terminals Maasvlakte II in Rotterdam, strengthening the carrier’s access to automated terminal capacity at a key European hub for its Gemini Cooperation with Maersk.
APM Terminals, the terminal-operating subsidiary of A.P. Moller-Maersk, will retain operational control following the transaction. Financial ...
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Hapag-Lloyd reported improved volumes and freight rates in the second quarter, but an estimated US$600 million in additional costs related to the Middle East conflict weighed heavily on earnings.
The Hamburg-based container carrier reported Q2 group revenue of US$5.84 billion, up nearly 11 percent from US$5.27 billion a year earlier. EBITDA ...
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Container-shipping lines A.P. Moller – Maersk and Hapag-Lloyd AG shared an update on the service map for their Gemini Cooperation, the east-west network due to start operating in February 2025.The operational collaboration announced in December presented two network options: the Trans-Suez and the Cape of Good Hope, the latter providing ...
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