People sit on a dock as the Hong Kong-flagged vessel Sea Horse, carrying some 200,000 barrels of Russia-origin fuel originally bound for Cuba, is anchored near the coast after arriving in Venezuelan waters, in Puerto Cabello, Venezuela March 28, 2026. REUTERS/Juan Carlos Hernandez Shippers Hapag-Lloyd, CMA CGM Suspend Cuba Bookings After US Executive Order Reuters Total Views: 0 May 17, 2026 By Gus Trompiz, Christoph Steitz and Dave Sherwood PARIS/FRANKFURT/HAVANA, May 17 (Reuters) – Shipping giants CMA CGM and Hapag-Lloyd HLAG.DE said on Sunday they had suspended all bookings to and from Cuba until further notice, with both citing a U.S. executive order issued on May 1, in the latest blow to the crisis-wracked island’s economy. The temporary suspension of new orders by two of the world’s largest shipping companies could jeopardize as much as 60% of Cuba’s shipping traffic by volume, two sources with direct knowledge of the situation said – a fresh hit to a country already nearing collapse amid a U.S. oil blockade that has throttled the island’s fuel supply. “Following the U.S. Executive Order issued on May 1, CMA CGM has decided to suspend its bookings to or from Cuba until further notice,” the Frenchcompany said in an emailed statement. It added it was “closely monitoring the situation” and would adapt its operations in compliance with applicable regulations. A Hapag-Lloyd spokesman said the German company was similarly suspending Cuban orders “due to compliance risks associated with the U.S. president’s executive order of May 1.” The Cuban government did not immediately respond to a request for comment. The Trump executive order on May 1 broadened existing U.S. sanctions on commerce with Cuba to include “any foreign person” operating in the “energy, defense and related materiel, metals and ?mining, financial services, or security sector of the Cuban economy, or any other sector of the Cuban economy.” Shipping of goods from China would be most impacted, the sources said. Northern Europe and the Mediterranean would also be severely impacted, the sources added, though all global shipping to Cuba would be affected. One key consideration in the suspensions, the sources said, was rooting out any shipping to or from the communist-run island and linked to Gaesa, a sprawling business conglomerate tied to Cuba’s military that has been heavily sanctioned by the United States. The same U.S. executive order earlier this month prompted Canadian miner Sherritt InternationalS.TO to pull out of its nickel and cobalt mining operations in Cuba after decades of investment. The shippers’ decision, first reported by online media outlet CiberCuba, would be devastating for Cuban imports critical to keeping shelves stocked with provisions in a country already racked by shortages and rationing. The sources said several options were on the table for Hapag-Lloyd and CMA CGM. The shippers could decide to permanently halt shipping to Cuba, or, alternatively, they could strike a deal with the administration of U.S. President Donald Trump in which they are allowed to continue to ship only to Cuba’s private sector. The latter option, the sources said, would keep with the Trump administration’s strategy to give private business in Cuba a leg up over the state sector. (Reporting by Gus Trompiz, Christoph Steitz and Dave Sherwood; Additional reporting by Natalia Siniawski; Writing by Mathieu Rosemain and Christian Plumb; Editing by Barbara Lewis and Chris Reese) (c) Copyright Thomson Reuters 2026. Tags: CMA CGM Cuba Hapag-Lloyd trump administration Editorial Standards · Corrections · About gCaptainThis article contains reporting from Reuters, published under license. Subscribe for Daily Maritime Insights Sign up for gCaptain’s newsletter and never miss an update — trusted by our 105,970 members Prev Back to Main Next Stay Informed. Stay Connected. Get The Daily Insights That Power Maritime Professionals Worldwide Essential maritime and offshore news, insights, and updates delivered daily straight to your inbox — trusted by our 105,970 members Have a news tip? Let us know. Stay Ahead with Our Weekly ‘Dispatch’ Email Dive into a sea of curated content with our weekly ‘Dispatch’ email. Your personal maritime briefing awaits! 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