The Ministry of Commerce announced a notice on October 14, 2025, to counter the 301 investigations conducted by the United States against China in the maritime, logistics, and shipbuilding industries. With the approval of the National Coordination Mechanism for Countering Foreign Sanctions, the decision "On Taking Countermeasures Against Five U.S. Subsidiaries Related to Hanwha Ocean Shipping Co., Ltd." is now published and will come into effect on October 14, 2025.
The United States' conduct of 301 investigations and the implementation of measures against China's maritime, logistics, and shipbuilding industries seriously violate international law and the basic norms of international relations, severely damaging the legitimate rights and interests of Chinese enterprises. Hanwha Ocean Shipping Co., Ltd.'s related subsidiaries in the United States assisted and supported the U.S. government's relevant investigation activities, endangering our national sovereignty, security, and development interests.
According to Article 3, Article 4, Article 6, Article 9, Article 10, Article 15 of the "Foreign Sanctions Countermeasures Law of the People's Republic of China," Article 3, Article 5, Article 8, Article 10 of the "Regulations on the Implementation of the Foreign Sanctions Countermeasures Law of the People's Republic of China," and with the approval of the National Coordination Mechanism for Countering Foreign Sanctions, the Chinese side has decided to include the five U.S. subsidiaries of Hanwha Ocean Shipping Co., Ltd., Hanwha Shipping LLC, Hanwha Philly Shipyard Inc., Hanwha Ocean USA International LLC, Hanwha Shipping Holdings LLC, and HS USA Holdings Corp., in the countermeasures list and take the following countermeasures: Prohibit organizations and individuals within the territory of China from engaging in transactions, cooperation, and other activities with them. (Reporters Liu Ying and Li Tang from CCTV)