GEMAR
A Cuban maritime and port transport group, the campaign's first designated maritime-sector entity, granted a wind-down window to 12 August.
Last refreshed: 17 July 2026 · Appears in 1 active topic
Maritime insurers warned this was coming; why is GEMAR the first shipping firm the US has sanctioned?
Timeline for GEMAR
Tourism ministry lands in ten-name wave
Cuba DispatchReceived a wind-down window to 12 August
Cuba Dispatch: OFAC covers two, says nothing on tourismBackground
GEMAR (Grupo Empresarial de Transporte Marítimo Portuario) was designated by the US State Department on 13 July 2026 under Executive Order 14404, in the 'sources of funding' cluster of that day's ten-entity wave, marking the first Cuban maritime-sector-specific designation of the campaign.
OFAC's same-day FAQ 1262 named GEMAR alongside GECOMEX, granting non-US persons until 12 August 2026 to wind down transactions with either without sanctions exposure, while US persons remain barred from dealing with GEMAR regardless of that window.
Maritime insurers had already begun pre-emptively screening Cuban counterparties before this designation landed, anticipating exactly this kind of transport-sector hit; GEMAR's inclusion confirmed that the maritime sector, not just tourism or energy, is now squarely inside the sanctions campaign's scope.
What is GEMAR?
Is GEMAR the first Cuban shipping company to be sanctioned?
