Shipping Giants Suspend Services Amid U.S. Sanctions on Cuba
7 Articles
7 Articles
Hapag-Lloyd Halts Cuba Bound Bookings Amid US Executive Order
Hapag-Lloyd, a German shipping firm, has ceased bookings to and from Cuba following U.S. President Donald Trump's executive order. This decision, attributed to compliance risks, aligns with similar actions taken by French shipping company CMA CGM.
Jerusalem Post
gCaptainShippers Hapag-Lloyd, CMA CGM suspend Cuba bookings after US executive order
Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, they said separately on Sunday, with both citing a US executive order issued on May 1.
Trump's Order on May 1 extended the existing US sanctions on trade with Cuba
Hapag-Lloyd and CMA CGM suspend operations with Cuba until further notice by Trump's Executive Order 14404, which could affect 60% of the island's maritime traffic.
The temporary suspension of new orders by two of the world's largest shipping companies could endanger up to 60% of Cuba's maritime traffic in terms of volume
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