U.S. fines French shipping company for services to Cuba

WASHINGTON.—The United States has fined the French shipping company CMA CGM $374,400 for providing services to Cuba, according to the Office of Foreign Assets Control (OFAC).

This office, part of the U.S. Treasury Department and responsible for imposing the fine, accused the French company of violating U.S. regulations on Cuba.

This company ranks third at the international level for container transportation, and the measure implemented is further evidence of Washington’s economic blockade of the island, whose effects are in excess of $751 billion.

According to the OFAC note, the U.S. government sued the CMA CGM subsidiary based in Norfolk, Virginia after it accepted payment for facilitating cargo services to Cuba. The firm also faces violating Treasury Department regulations in relation to Iran and Sudan.