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S'pore to be key hub for Europe-Asia cargo under Maersk, Hapag-Lloyd alliance

The Straits Times

|

February 03, 2025

The Republic will serve as a key hub in a new ocean network formed under an alliance between two major container shipping lines.

- Kang Wan Chern

Some 40 vessels transporting eastbound cargo, such as from Europe to Asia, are expected to call at the Singapore port each week under the Gemini Cooperation alliance by Maersk and Hapag-Lloyd, which took effect on Feb 1, a Maersk spokesperson told The Straits Times.

Their aim is to have at least 90 per cent of shipments arriving punctually by the time the new schedules are fully phased in, making the two liners industry leaders in schedule reliability, according to their announcements.

Approximately 340 vessels with a total capacity of 3.7 million 20-foot containers will be deployed to form the Gemini network, with the first sailings scheduled for Feb 1.

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