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Hanwha, China and Ocean

Hanwha Ocean U.S. subsidiaries hit by Chinese sanctions

Five U.S. subsidiaries of Korea’s Hanwha Ocean, including Hanwha Philly Shipyard, have been sanctioned by China as part of its response to the U.S. port fees on Chinese owned and built ships imposed under the Section 301 targeted action announced by U.S. Trade Representative Ambassador Jamieson Greer back in April.

Cryptopolitan on MSN · 22h

China sanctiones five U.S. subsidiaries of Hanwha Ocean for aiding U.S. probes into its shipping sector

· 12h · on MSN

China blacklists 5 U.S. subsidiaries of S. Korea ship maker Hanwha Ocean

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China sanctions five U.S. units of South Korean shipbuilder Hanwha Ocean over probe by Washington

China’s Commerce Ministry said Tuesday it was banning dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean in the latest swipe by Beijing at U.S. President Don...

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China sanctions Hanwha Ocean to retaliate against US port fees

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China takes steps against US-linked units of S.Korea shipbuilder Hanwha

TradeWinds

Hanwha hired ex-US rear admiral in a senior post just a week before Chinese sanctions landed

Recruited just before China’s fresh sanctions on five Hanwha Ocean units amid rising Sino-US shipbuilding rivalry

13h

U.S. and China roll out tit-for-tat port fees, threatening more turmoil at sea

China said it had started to collect the special charges on U.S.-owned, operated, built or flagged vessels but clarified that Chinese-built ships would be exempted from the levies.

1don MSN

Why Bitcoin Continued Falling Today

The value of Bitcoin ( BTC -1.98%) continued falling today after China said it was putting restrictions on a major South Korean shipbuilder, Hanwha Ocean Co. The company has some naval contracts with the federal government and owns a shipyard in the U.S.

TradeWinds

South Korea government mulls impact of China’s ban on country’s shipyards

Shipbuilding sources report that the South Korean government is carefully examining the Chinese trade ban on Hanwha Group’s five US subsidiaries. “It’s [the ban] is still in the early stages, so we can’t gauge what is happening,

1don MSN

China sanciona a filiales estadounidenses del constructor naval surcoreano Hanwha Ocean

El Ministerio chino de Comercio dijo el martes que estaba prohibiría las transacciones de empresas chinas con cinco subsidiarias del constructor naval surcoreano Hanwha Ocean.

CNBCTV18

Korean company caught in the US-China trade war crossfire

China has imposed curbs on the American units of Hanwha Ocean Co., one of South Korea’s biggest shipbuilders, as it targets US measures against the Chinese shipping sector. The Ministry of Commerce said Tuesday it was placing curbs on five US entities of the shipbuilding giant.