China Ocean Shipping Group: resolutely opposes the discriminatory decision of the United States to conduct a 301 investigation against China's maritime logistics and shipbuilding industry.

On April 21, China COSCO Shipping Group issued a statement, stating that on April 18, 2025, Beijing time, the United States Trade Representative's Office issued a discriminatory decision regarding the 301 investigation on China's maritime logistics and shipbuilding industry. COSCO Shipping firmly opposes the U.S. side's accusations based on erroneous facts and measures taken. COSCO Shipping believes that this action is detrimental to fair competition in the global shipping industry and to the normal business operation order, and will impact the stable and healthy development of the global shipping industry, endangering the stability and security of the industrial chain and supply chain. COSCO Shipping stated that as a responsible international shipping and logistics company, the Group has always upheld the principles of integrity, transparency, and compliance to participate in global shipping competition, dedicated to serving global trade and providing high-quality commercial shipping and logistics services for global customers. COSCO Shipping will continue to fully protect the interests of its customers and provide reliable shipping services. Customers can continue to pay attention to the specific services and protection measures of COSCO Shipping's professional companies.