China takes steps in opposition to U.S.-linked items of South Korea shipbuilder Hanwha

China introduced sanctions on Tuesday (October 14, 2025) in opposition to 5 U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid commerce tensions between the world’s two largest economies, sending the corporate’s shares sharply decrease.

The transfer, introduced by the Chinese Commerce Ministry, comes on the day that China and the U.S. implement further port charges focusing on every others’ vessels, though China has exempted ships it constructed.

Organisations and people inside China are prohibited from participating in any transactions, cooperation or associated actions with these Hanwha entities, the Ministry mentioned in an announcement.

“Hanwha Ocean’s U.S.-related subsidiaries have assisted and supported the U.S. government’s relevant investigative activities, thereby jeopardising China’s sovereignty, security, and developmental interests,” the assertion mentioned, with out elaborating.

Hanwha didn’t instantly reply to a Reuters request for remark.

In August, Hanwha introduced a $5 billion further funding on the Philly Shipyard, which it acquired in 2024 for $100 million, after South Korea pledged to inject as a lot as $150 billion to assist the U.S. revive its home trade.

President Donald Trump’s administration has mentioned the U.S. wants assist from allies Japan and South Korea to revitalise the troubled shipbuilding sector, which is lagging behind China, particularly for manufacturing warships.

Hanwha’s home rival HD Hyundai Heavy Industries, the world’s largest shipbuilder, can be in talks with a number of corporations to accumulate U.S. shipyards, Reuters reported in September.

Hanwha runs a shipyard in Shandong, China, that builds modules of ship parts, in accordance with an organization submitting. Hanwha provides the modules to its shipyard in South Korea for the ultimate meeting, in accordance with the agency.

Shares of Hanwha Ocean tumbled 5.3% at 0417 GMT after China introduced the countermeasures. HD Hyundai Heavy slipped 4.4%.

Mr. Trump’s administration introduced earlier this yr plans to levy charges on China-linked ships to loosen Beijing’s grip on the worldwide maritime trade and bolster U.S. shipbuilding.

China hit again final week saying it will impose its personal port charges on U.S.-linked vessels on the identical day then U.S. charges come into impact.

China has referred to as U.S. measures focusing on its maritime, logistics, and shipbuilding industries a critical violation of worldwide legislation and basic norms of worldwide relations.