FacebookTwitterEmailLinkedin Two major global shipping companies, CMA CGM and Hapag-Lloyd, have suspended all bookings to and from Cuba until further notice. According to Reuters, both firms cited a U.S. executive order issued on May 1 as the reason, saying continued operations would create compliance risks under expanded sanctions rules. The suspension is expected to have a major impact on Cuba’s trade flows, potentially affecting up to 60% of its shipping volume, according to sources familiar with the situation. RelatedNews State of Maryland reaches $2.25 billion settlement over bridge collapse Gibson: EU keeps the pressure on Russia despite energy crisis var jnews_module_21373079_0_6a0aec543ba33 = {"header_icon":"","first_title":"Related","second_title":"News","url":"","header_type":"heading_8","header_background":"","header_secondary_background":"","header_text_color":"","header_line_color":"","header_accent_color":"","header_filter_category":"","header_filter_author":"","header_filter_tag":"","header_filter_cpt_post_tag":"","header_filter_cpt_tribe_events_cat":"","header_filter_cpt_web_story_category":"","header_filter_cpt_web_story_tag":"","header_filter_text":"All","sticky_post":false,"sticky_post_filter":false,"post_type":"post","content_type":"all","sponsor":false,"number_post":"2","post_offset":0,"unique_content":"unique1","include_post":"","included_only":false,"exclude_post":"21373079","include_category":"","exclude_category":"","include_author":"","include_tag":"295,4373,966,903,131","exclude_tag":"","exclude_visited_post":false,"post_tag":"","tribe_events_cat":"","web_story_category":"","web_story_tag":"","sort_by":"latest","show_date":"","date_format":"default","date_format_custom":"Y\/m\/d","pagination_mode":"disable","pagination_nextprev_showtext":"","pagination_number_post":"2","pagination_scroll_limit":0,"ads_type":"disable","ads_position":1,"ads_random":"","ads_image":"","ads_image_tablet":"","ads_image_phone":"","ads_image_link":"","ads_image_al