Gemini’s second Asia-Med service back to Suez, as CMA tries to prop up rates

Gemini Cooperation partners Maersk and Hapag-Lloyd will next month reroute their Asia-Med Loop 1 to transit the Suez Canal and Red Sea in both directions. Known as AE12 by Maersk and SE1 by Hapag-Lloyd, the string will become the fourth mainline service the Gemini partners have returned to Suez routings, following the Asia-North Europe Loop4 (AE5 and NE4), Asia-Med Loop 2 (AE11 and SE2), and the India-Europe Loop (ME2 and IEX), ... The post Gemini’s second Asia-Med service back to Suez, as CMA tries to prop up rates appeared first on The Loadstar .