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China will suspend countermeasures against five U.S.-linked subsidiaries of Hanwha Ocean for one year starting November 10, following the United States' pause of its Section 301 investigations into China's maritime, logistics and shipbuilding sectors for one year, the Ministry of Commerce announced Monday.
The five U.S.-linked subsidiaries of Hanwha Ocean, a leading shipbuilding enterprise from the Republic of Korea, are Hanwha Shipping LLC, Hanwha Philly Shipyard Inc., Hanwha Ocean USA International LLC, Hanwha Shipping Holdings LLC and HS USA Holdings Corp., according to a previous announcement by the ministry.
The countermeasures were put in place by the commerce ministry on October 14, 2025.