Overview

• China’s commerce ministry barred organisations and individuals in China from any transactions or cooperation with five U.S.-linked subsidiaries of Hanwha Ocean.
• The ministry accused the targeted units of supporting U.S. government investigative activities that threaten China’s sovereignty, security, and developmental interests.
• The announcement coincided with both countries implementing new port fees on each other’s vessels, with China exempting ships it built.
• The U.S. administration earlier outlined fees on China-linked ships to reduce Beijing’s influence in global shipping and to bolster domestic shipbuilding.
• China has described the U.S. maritime measures as a serious violation of international law and fundamental norms of international relations.