Coral Maritima S.A.
The Cuban shell company OFAC says received the Mariel Container Terminal in a mid-June transfer designed to evade sanctions.
Coral Maritima S.A. is the Cuban firm OFAC designated on 23 July 2026 alongside Mariel Container Terminal, alleging a mid-June transfer of the port to the company was designed to shield it from GAESA sanctions.
Last refreshed: 4 August 2026 · Appears in 1 active topic
What does the US actually know about the firm that took over Cuba's main port?
Timeline for Coral Maritima S.A.
Mentioned in: GAESA was designated first, on 7 May
Cuba DispatchOFAC names a Mariel evasion transfer
Cuba DispatchBackground
Coral Maritima S.A. is a Cuban company that OFAC designated on 23 July 2026 in connection with the Mariel Container Terminal, which the US Treasury alleges was transferred to it in mid-June 2026 as part of a scheme to help GAESA evade existing restrictions. Beyond the designation notice, little independent information about the company's ownership or operations is publicly available.
It was named in a sanctions-evasion transfer
OFAC designated Coral Maritima on 23 July 2026 together with the Terminal de Contenedores de Mariel, the port the State Department says was transferred to the company in mid-June 2026 in a transaction designed to shield it from sanctions on GAESA, Cuba's military economic conglomerate. Washington did not label Coral Maritima a Shell company, but called the transfer evasion rather than a genuine change of control.
Little independent information is publicly available on Coral Maritima beyond OFAC's designation notice. The State Department's fact sheet ties the company to GAESA, but that ownership link is not independently documented, and Lowdown treats it as an allegation rather than a settled fact.