Cuba exposure profile · RCL · Consumer Discretionary

Royal Caribbean (RCL): Cuba Exposure Check

Independent audit of Royal Caribbean Group's exposure to Cuba — OFAC SDN matches, Helms-Burton Title III risk, SEC filings, and the Cuban Insights news corpus.

Historical exposure

Royal Caribbean has historical Cuba exposure that has been wound down or written off.

Royal Caribbean co-defendant alongside Carnival in the Havana Docks Title III litigation over use of the confiscated Havana cruise terminal during 2016-2019 itineraries. Cuba calls suspended.

Ticker
RCL
S&P 500 sector
Consumer Discretionary
Headquarters
Miami , Florida
OFAC matches
0
EDGAR filings
6
Last refreshed
2026-04-21

OFAC Cuba SDN matches

No entry on the OFAC Cuba SDN list contains Royal Caribbean or any of its operating subsidiaries (Royal Caribbean Cruises Cuba) as of the most recent OFAC scrape. Always re-verify with OFAC Sanctions Search before transacting.

SEC filings disclosing Cuba items

Royal Caribbean has filed 6 recent SEC documents containing references to Cuba, the CACR, Helms-Burton, GAESA, or related terms. These are the company's own disclosures.

SEC EDGAR · accession 0000884887-24-000108
SEC EDGAR · accession 0000884887-25-000095
SEC EDGAR · accession 0000884887-25-000142
SEC EDGAR · accession 0000884887-24-000130
SEC EDGAR · accession 0000884887-24-000147
SEC EDGAR · accession 0000884887-25-000148

Federal Register & news corpus mentions

No Federal Register notice or analyzed news article in our corpus references Royal Caribbean in a Cuba context. Search the live sanctions tracker or the daily briefing index for ad-hoc context.

Cuban Insights analyst note

Royal Caribbean co-defendant alongside Carnival in the Havana Docks Title III litigation over use of the confiscated Havana cruise terminal during 2016-2019 itineraries. Cuba calls suspended.

Known Cuba-related operating entities or counterparties: Royal Caribbean Cruises Cuba.

Relevant OFAC general licenses (CACR §515.560–.578): CACR §515.572 (people-to-people, since rescinded) — browse the full GL directory.

Methodology. This page combines four signals: (1) a hand-curated map of S&P 500 Cuba exposure maintained by Cuban Insights analysts; (2) fuzzy substring matching against every Cuba-program OFAC SDN designation and the State Department Cuba Restricted List (refreshed twice daily); (3) the SEC EDGAR full-text search across the company's 10-K, 10-Q, 8-K, 20-F, and 6-K filings for the past 24 months — including Helms-Burton Title III trafficking-claim disclosures; (4) a scan of our own analyzed-news corpus and US Federal Register notices. Last refreshed 2026-04-21. This is not legal or compliance advice; always verify with primary sources and qualified sanctions counsel before transacting.

Frequently asked questions

Is Royal Caribbean (RCL) sanctioned by OFAC?
As of April 2026, Royal Caribbean (RCL) is not listed on the OFAC CUBA-program SDN list. No direct or subsidiary entity match was found in our scan against the live US Treasury SDN feed. Note that the State Department's Cuba Restricted List and Cuba Prohibited Accommodations List apply separately and should be checked alongside the SDN. Always re-verify against the official OFAC Sanctions Search before relying on this for a compliance decision.
Does Royal Caribbean have Cuba revenue exposure?
Royal Caribbean has historical Cuba exposure that has been wound down or written off. Royal Caribbean co-defendant alongside Carnival in the Havana Docks Title III litigation over use of the confiscated Havana cruise terminal during 2016-2019 itineraries. Cuba calls suspended.
Has Royal Caribbean disclosed Cuba in its SEC filings?
Royal Caribbean has filed 6 recent SEC documents containing Cuba-related references (searched across 10-K, 10-Q, 8-K, 20-F, and 6-K filings on EDGAR over the last 24 months — queries include 'Cuba', 'Helms-Burton', 'CACR', 'Cuba Restricted List', and 'Havana'). See the SEC filings section on the page for the matched excerpts and links to each filing.

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