Will Cuba be the Next Major Transportation Hub?
OCTOBER 18, 2016
For cargo shipping, focus is on the Cuban port, Container Terminal Mariel (TC Mariel) which opened in January 2014. The US Office of Foreign Assets Control broadened allowances for US vessels carrying certain agricultural or otherwise approved cargoes, extending them to non-US vessels. Cuba does have the potential to act as a transshipment hub for US cargo, in a similar way to how Freeport, Bahamas does now,” said Drewry.