NewsFMC halts Gemini alliance and demands more info from Maersk and Hapag

July 15, 2024by 0

Maersk and Hapag-Lloyd’s Gemini Cooperation, a capacity-sharing alliance between the second and fifth top global container lines, was put on hold on Friday by the US Federal Maritime Commission (FMC), which is demanding “more information” to determine “potential competitive impacts”.
Gemini will offer a combined capacity of 6m teu, just above MSC’s standalone 5.6m teu.
The FMC said: “The commission has determined that the Gemini Cooperation agreement as submitted lacks sufficient detail …

The post FMC halts Gemini alliance and demands more info from Maersk and Hapag appeared first on The Loadstar.

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