What Happened
Global Shipping Giants Halt Cuba Operations Amid Sanctions
Shipping giants CMA CGM and Hapag-Lloyd have suspended all bookings to and from Cuba until further notice, citing a US executive order issued on May 1. The move may jeopardize as much as 60% of Cuba’s shipping traffic by volume, according to sources. The suspension affects shipping from China, northern Europe, and the Mediterranean, and is a major blow to Cuba’s already struggling economy. This development was reported by The Jerusalem Post.