Maersk and Hapag-Lloyd will need to wait longer to officially launch their partnership, as the Federal Maritime Commission (FMC) has requested more information about the Gemini Cooperation to assess its potential competitive impacts.
The Gemini Cooperation Agreement was set to take effect today, July 15, but the FMC stated that the “Agreement as submitted lacks sufficient detail to allow for a complete analysis of its potential competitive impacts.”
The two container shipping giants submitted the...