Sanctions

DSV and BBC sued for USD 97 million for using confiscated port in Cuba

American Sugar is suing Goldwind, DSV Panalpina and BBC Chartering under a controversial law for using its confiscated port in Cuba. The sugar trader demands USD 97 million in damages, the exact amount the port was estimated to be worth when it was seized by Fidel Castro more than 60 years ago.

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Author: Adnan Bajic

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DSV and BBC sued for USD 97 million for using confiscated port in Cuba | Project Cargo Journal
Sanctions

DSV and BBC sued for USD 97 million for using confiscated port in Cuba

American Sugar is suing Goldwind, DSV Panalpina and BBC Chartering under a controversial law for using its confiscated port in Cuba. The sugar trader demands USD 97 million in damages, the exact amount the port was estimated to be worth when it was seized by Fidel Castro more than 60 years ago.

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Author: Adnan Bajic

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