The logo of South Korean shipbuilder Hanwha Ocean at their office building in Seoul, South Korea, October 15, 2025. REUTERS/Kim Hong-Ji

BEIJING (Reuters) -China has suspended sanctions on U.S.-linked subsidiaries of South Korea's Hanwha Ocean Co Ltd for a year, its commerce ministry said on Monday.

The suspension of sanctions imposed on October 14 takes effect immediately, the ministry statement said.

(Reporting by Liz Lee and Beijing newsroom; Editing by Tom Hogue)