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Maersk and Hapag-Lloyd Suspend Cuba Bookings Following U.S. Executive Order

GateNews

2026-05-17 20:07:23

FUEL-1.86%

According to Jin10, Maersk and Hapag-Lloyd suspended all bookings to and from Cuba on Sunday, citing a U.S. executive order signed on May 1. The move could jeopardize up to 60% of Cuba’s cargo volume, according to sources familiar with the matter.

The executive order expanded U.S. sanctions on Cuba to cover foreign entities conducting business in Cuba’s energy, defense, financial services, and other economic sectors. The suspension marks the latest economic pressure on Cuba amid ongoing fuel supply constraints from U.S. restrictions.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

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