China Targets South Korean Shipbuilder Hanwha Over US Probe

The sanction against five U.S.-linked subsidiaries of Hanwha was imposed on the same day Beijing and Washington implemented port fees on each other’s ships.

Visitors stand next to mock-up models of an unmanned marine system of South Korea's Hanwha Ocean at the Asian Defense and Security Exhibition (ADAS) in Manila, Philippines on Sept. 25, 2024. Ted Aljibe/AFP via Getty Images

The Chinese communist regime on Oct. 14 sanctioned five U.S.-linked units of South Korean shipbuilding giant Hanwha Ocean and threatened further retaliatory actions against entities supporting the U.S. government’s investigation into its maritime sector.

The affected subsidiaries 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 notice from China’s Ministry of Commerce.