Kim & Chang’s practice, led by Byung-Suk Chung, offers extensive expertise in shipping, shipbuilding, insurance, and international trade, along with related international arbitration and litigation. The team represents both domestic and international shipowners, as well as their respective P&I clubs and insurers. Its full-service capabilities encompass marine casualties, shipbuilding disputes, regulatory advice, insolvency, enforcement actions, and marine insurance. Chul-Won Lee brings wide-ranging experience in maritime law, including vessel arrest and shipbuilding matters. Jae Bok Lee covers charterparty disputes, as well as offering an expanding ship finance practice. Joon Hwan Park handles major maritime incidents in Korean waters and international disputes. Na-Rae Kim and Sang-Hyup Lee were recently promoted to the partnership.
Shipping: local firms in South Korea
Kim & Chang
Praxisleiter:
Byung-Suk Chung
Weitere Kernanwälte:
Jin Hong Lee; Chul-Won Lee; Jae Bok Lee; Joon Hwan Park; Sang-Hyup Lee; Daehee Lee; Na-Rae Kim
Referenzen
‘Kim & Chang have a strong presence in shipbuilding with specialist knowledge and market presence.’
‘Chul-Won Lee is preeminent in advising clients on disputes regarding ship construction and design disputes. This extends to oil, gas and other infrastructure.’
‘The Kim & Chang maritime team has been and is still respected marine legal experts in the Korean shipping market. They have a high level of understanding of the shipping industry and show good performance in not only general charterparty disputes but also various other disputes. They have strong analytic ability and wide experience in arbitration and litigation.’
Kernmandanten
Korea Shipowners’ Association
Korea P&I Club
H-LINE Shipping Co.,Ltd.
SAMSUNG HEAVY INDUSTRIES CO.,LTD
PANSTAR CO.,LTD.
NorthStandard
Hyundai LNG
Highlight-Mandate
- Advised on a matter related to vessels trading with EU nations under the EU-ETS regulations and foreign exchange issues, including advice on the potential consequences and regulations surrounding a Korean shipping entity’s procurement of emission allowances from the EU market under the Act on Korea Foreign Exchange Laws.
- Advised on a case involving an employee of a subcontractor to the Incheon Port Authority (IPA) who died while working on a floodgate repair project, representing the IPA and its representative during the appeal process and successfully defending the case.
- Working with Hungarian and UK law firms to act for a Hungarian travel agency in a lawsuit filed by some of the families of the 25 Korean tourists who tragically died when the cruise ship Hubleany sank in the Danube River in Budapest, Hungary, in 2019.
Lee & Ko
Lee & Ko offers a comprehensive service across all aspects of shipping law and related sectors, providing clients with a full range of expertise. In recent years, the team has successfully expanded its practice into cross-over industries, including port terminal operations, warehousing, offshore construction, and commodity trading. The practice is led by Jin-Young Jung, a seasoned expert in maritime law, marine insurance, and international commercial disputes. Yun-Jeong Seo leads the firm’s highly-regarded shipping finance team, advising shipping companies, financial institutions, and investors on complex transactions such as acquisitions and structured financing. Complementing the team’s strength, Yang-Ho Yoon brings a wealth of experience in shipping-related litigation and arbitration, while Young Jae Park advises on transactions in the industry and general average.
Praxisleiter:
Jin-Young Jung; Yun-Jeong Seo
Weitere Kernanwälte:
Yang-Ho Yoon; Gidon Nam; Woo-Jin Choi; Young Jae Park
Referenzen
‘Lee & Ko, particularly Woo Jin Choi, is excellent and has a first-rate knowledge of Korean shipping law.’
‘Woo Jin Choi has provided first-rate feedback to us. He always returns calls and is generous with his time.’
‘Jin Young Jung is a very hard worker, engaged and knowledgeable.’
Kernmandanten
Japan P & I Club
HMM Corporation Limited (formerly known as Hyundai Merchant Marine Co, Ltd.)
Pan Ocean Co., Ltd. (formerly known as STX Pan Ocean)
Busan Port Terminal Co., Ltd
Taeyoung Shipping Co., Ltd.
Heung-A Shipping Co., Ltd
DSEC Co. ,Ltd.
Meritz Fire & Marine Insurance Co., Ltd.
Lotte Global Logistics Co., Ltd. (formerly known as Hyundai Logistics)
Samsung SDS Co., Ltd.
LX Pantos Logistics Co., Ltd.
CJ Korex Co., Ltd.
Hyundai Glovis Co., Ltd.
H-Line Shipping Co, Ltd.
Hyundai Heavy Industries Co., Ltd
Korean Air Lines Co., Ltd.
Heung-A Line Co., Ltd.
Turkish Airlines
FINNAIR
E1 Corporation
Korea Middle Power Corporation
Hyundai Oil Bank Co.,Ltd
SK E&S Co., Ltd.
SK Networks Co., Ltd.
KORES
ANHISA LLC
Posco Flow Co., Ltd
BOIM Corporation
Korea South-East Power Co Ltd
Korea Southern Power Co Ltd
Korea East-West Power Co Ltd
Korea Western Power Co Ltd
Lotte Fine Chemical
Daelim Co., Ltd
Donwon Pusan Container Terminal
Taihan Cable & Solution Co., Ltd.
GS Global Corporation
2GO Group Inc.
Cenovus Energy Inc.
Jin Air Co., Ltd
Global Marine Financing Co., Ltd.
Standard Chartered Bank (Hong Kong) Limited
Hyundai LNG Co., Ltd.
Bank of America, National Association
Highlight-Mandate
- Advised Hyundai LNG Co., Ltd on a case where the vessels at issue are equipped with LGIP engines, which should be able to interchangeably use LSFO and LPG gas, but due to a malfunction with the engine fuel system, they have been unable to use LPG gas and have had to use LSFO exclusively.
- Represented Heung-A Line and Heung-A Shipping in LMAA arbitration in the UK and litigation in Korea with respect to bareboat charter and time charter disputes.
- Advised a ship investment company established by Global Marine Financing Co., Ltd. (GMF) under the Ship Investment Company Act of Korea on financing the GMF’s acquisition of four new-build dual fuel pure car and truck carriers under construction, to be registered in the Republic of Malta in the ownership of four Maltese special purpose companies.
Bae, Kim & Lee LLC
Bae, Kim & Lee LLC has a well-established reputation for advising a broad spectrum of clients in the shipping industry, including shipping companies, P&I clubs, insurance companies, and financial institutions. The team brings a wealth of expertise across various areas, including charterparty disputes, international arbitration, insolvency and restructuring, corporate advisory, shipping finance, and marine insurance. The practice is jointly led by Sung Won Park and Yoon Jeong Park. Sung Won Park is a seasoned expert in shipping law, with significant experience in maritime disputes, particularly those involving ship collisions, oil pollution incidents, bill of lading and charterparty matters, and insurance claims. Yoon Jeong Park, who is dual-qualified in both the US and UK, is highly experienced in both contentious and non-contentious shipping matters, further strengthening the team’s capabilities across the sector. Joon Sung (Justin) Kim is also a key member of the practice.
Praxisleiter:
Sung Won Park; Yoon Jeong Park
Weitere Kernanwälte:
Joon Sung Kim
Referenzen
‘Excellent cross-jurisdiction skills. Good underlying knowledge of shipping law.’
‘Yoon Jeong Park is exceptionally able and hard-working and is great at managing a team for litigation.’
‘Sung Won Park has a lot of experience in marine affairs as he has worked on behalf of shipowners worldwide and P&I clubs for more than 20 years. He has a good reputation among the shipping society in Korea.’
Kernmandanten
H-Line Shipping.
Britannia P&I Club
SM Line
POSCO Flow
HMM
Hyundai Navis
Korea Line
POSCO International
SK Gas
West of England P&I Club
Highlight-Mandate
- Advised HMM on the ship financing deal for 12 new 13,000 TEU eco-friendly container ships.
- Advised POSCO International on the arbitration review regarding the termination of transportation contracts due to the Ukraine war.
- Advised West of England P&I Club (Tan Binh Co., Ltd) on the limitation of liability procedures for the Vietnamese shipowner regarding the sinking accident of MV Tan Binh 127.
Kwon & Co
Kwon & Co provides wide coverage of both wet and dry shipping matters, with recent activity in crew death and injury cases, as well as rehabilitation and bankruptcy proceedings. The team is led by Tae Il Kwon, who brings a wealth of experience in casualty cases, charterparty disputes, and bankruptcy proceedings. Suyeon Jung is highly regarded for her advisory work with foreign clients, having built significant expertise in crew-related issues under the Korean Seafarers Act. She also possesses strong experience in vessel arrest cases and cargo defence claims.
Praxisleiter:
Tae Il Kwon
Weitere Kernanwälte:
Suyeon Jung
Referenzen
‘They provide very quick and practical advice based on their diverse practices in the Korean market. They also work with many P&I clubs and global law firms, so they also have a lot of experience dealing with international counterparties and English law-based disputes.’
‘Tae Il Kwon is one of the most well-known senior maritime lawyers in the Korean market and has worked with many shipowners involving various types of ships and claims. He provides very quick and practical advice based on his in-depth knowledge and vast experience.’
‘You can reach Kwon & Co basically any time you want, and they provide quick but precisely detailed guidance no matter what your question is. They always provide top-notch customer service.’
Kernmandanten
Campbell Johnston Clark
EUKOR Car Carriers
Gard P&I Club
Hyundai Marine & Fire
Korea Shipping Association
London P&I
NorthStandard
PT Limas Tunggal
Japan P&I
SK Shipping
Skuld
Hyundai Glovis
Shinsung Shipping
Nordisk Skibsrederforening (Nordisk Defence Club)
DB Insurance
Britannia P&I
Pan Ocean
Highlight-Mandate
- Acted for EUKOR Car Carriers in relation to the fire which occurred on board a time-chartered car carrier M.V. “Platinum Ray” and completely won the case in the appellate court against the cargo interests.
- Acted for Cheng Lie Navigation Co., Ltd and won a Korean Supreme Court case which set the standard regarding the scope of the time bar for demurrage claims.
- Acted for Indonesian company PT Limas Tunggal and won a Korean Supreme Court case regarding delivery of cargo without a bill of lading, in which the claim amount was over US$17m.
Sechang & Co.
Boutique transportation and shipping firm Sechang & Co. is experienced in representing major domestic and international shipping companies, alongside P&I clubs, in cargo claims, as well as insurance companies in damage recovery cases. The team is particularly noted for its strength in high-value shipper rehabilitation and liquidation cases, where it acts on behalf of prominent foreign claimants and creditors. Founder Hyun Kim brings over 30 years of experience, offering expert guidance to both local and foreign clients on a broad range of maritime matters, further solidifying the firm’s reputation in the sector.
Praxisleiter:
Dr Hyun Kim
Weitere Kernanwälte:
Thomas Kim
Referenzen
‘The team are incredibly knowledgeable, and nothing is too much. Updates are very detailed, and all responses are quick.’
‘In addition to all other areas like finance, tax, intellectual property rights, etc., Sechang & Co. has specialised in international shipping businesses and trades, which makes it very convenient for us.’
‘We have worked with Thomas Kim in complex international shipping matters. We very much value his reliability, outstanding availability and extremely short turnaround times and his practical approach.’
Kernmandanten
Samsung SDS
Kuehne & Nagel
Pan Ocean Co., Ltd.
Heung-A Shipping
Hyundai Marine & Fire Insurance
North of England
MOL (Mitsui O.S.K. Lines) Korea
HDI Sigorta
KSS Line
Pan Continental Shipping Co.
Korea Shipping Association
Korea Ministry of Maritime Affairs & Fisheries
Korea Freight Forwarders Association
Korea Marine Environment Corporation
Kennedys
Haynes Boone
Clyde & Co
Lebuhn & Puchta
TiLegal
HWL Ebsworth
Triton
TAL
Textainer
SeaCube
Florens
Pro Food Gmbh
Expeditors
Skyways Technics
Stena Holdings
Teekay Tankers
Mitsui Sumitomo Insurance
Aioi Nissay Dowa Insurance
KB Insurance
Highlight-Mandate
- Representing Samsung SDS in a Korea Commercial Arbitration Board arbitration against another Samsung affiliate represented by one of the largest Korean law firms, in respect of several demurrage/detention cases involving container boxes carrying world-renowned Samsung Electronics Corp products exported to the US.
- Representing KOEM (Korea Marine Environment Management Corp), a quasi-governmental entity in charge of maintenance of marine environment and anti-pollution measures, in litigation where local gravel collectors demanded KOEM reduce the fees for the use of exclusive economic zones for gravel collection.
- Representing Kuehne & Nagel in the defence of a damage suit by a manufacturer involving the carriage of wind turbine gearboxes transported from a European nation to China, which features three separate suits pending in the courts of Hong Kong, Czech Republic and Korea.
Moon & Song
Moon & Song is highly regarded for its expertise in a wide range of shipping matters, with particular experience in collision and grounding cases within Korean territorial waters, as well as cargo claims and crew-related disputes. The firm regularly acts as counsel for major P&I clubs and leading Korean shipping companies. The team is led by founding partner Kwang-Myeong Moon, who boasts a strong track record in shipping, insurance, and international litigation and arbitration. Sang Hwa Lee and Hun Song also bring extensive experience representing international shipowners, major Korean companies, and P&I clubs.
Praxisleiter:
Kwang-Myeong Moon; Sang Hwa Lee; Hun Song
Referenzen
‘Moon & Song is a leading law firm in Korea specialising in all shipping-related matters. Hun Song stands out for his dedication to understanding clients’ businesses and operations, enabling him to provide well-balanced advice.’
‘Hun Song provides efficient and clear solutions to clients, taking into account their commercial pressures and interests. He is a diligent professional who effectively balances legal advice with operational risk management.’
‘Moon & Song has become recognised as one of the leading major maritime law firms in Korea, expanding and growing over the years, but continues to find ways to better serve clients in the more challenging industry environment and to earn their trust. Moon & Song always welcomes phone calls day or night and is ready to intervene and to be deployed for the assistance required, and clients may easily reach out even at late hours for urgent legal advice and support.’
Kernmandanten
North Standard P&I Club
Japan P&I Club
Korea Shipping Association
Korea P&I Club
Britannia P&I Club
UK P&I Club
Steamship Mutual P&I Club
London P&I Club
HYUNDAI GLOVIS CO., LTD
KMTC
HMM
Pan Ocean
Namsung Shipping
A&G Korea
PANDIN Insurance Co., Ltd
HS Corporation
Hill Dickinson LLP
Reed Smith LLP
Campbell Johnston Clark
KORHI Average Adjusters & Surveyors Ltd.
Woohyun Shipping
K-World Line
Sea Net Shipping
KOGAS
Korean Register
Sejung Shipping
Rajah & Tann
Samsung Shipping
KTS Shipping
Highlight-Mandate
- Assisting Taekyung BK with the disputes arising from the declaration of general average (GA) of MV Darya Shanti, which had an engine propulsion problem while departing from a Canadian port, regarding the matter of GA contribution, a recourse claim against the vessel owners and a claim against the cargo insurer.
- Assisting Samsung Shipping in the accident of the sinking of MV Samsung No.1 navigating from Jeju Island to Goheung by acting as the attorney in criminal proceedings, the marine safety tribunal investigation and civil litigation.
- Assisting Hyundai Glovis with the defence of a claim brought by a ship broker company for the remaining brokerage commission after the cancellation of the time charterparty of CT Ace and CT Confidence.
Yulchon
Yulchon offers comprehensive expertise across both contentious and non-contentious shipping matters, with a particular focus on shipping finance for domestic clients. The practice is co-headed by Young Su Shin and Sung Wook Eun, both of whom are highly regarded in the field. Christopher Joon Tae Cho brings a strong financial background to his focus on shipping finance, providing clients with in-depth expertise in complex financial transactions. Geen Kim specialises in alternative investments, while Sung Keun Park has extensive experience representing financial institutions, private equity funds, and corporations in a wide range of cross-border transactions.
Praxisleiter:
Young Su Shin; Sung Wook Eun
Weitere Kernanwälte:
Christopher Joon Tae Cho; Geen Kim; Sung Keun Park
Referenzen
‘Yulchon’s team are really efficient. They are responsive and experienced. They are one of the most reliable counterparties that we have.’
‘Christopher Joon Tae Cho is one of our favourite partners to work with. Always responsive even with the time zone difference between London and Korea. His legal service is professional and also efficient. Our corporate clients also prefer his support more than other European law firms. His team has been one of our favourites since more than a decade ago.’
‘Big team with industry specialists who are well known in the market. They are known to be one of the most efficient teams around.’
Kernmandanten
Daol Asset Management
Bank of America
Curious Partners
Korea Ocean Business Corporation
Korea Development Bank
Daegu Bank
K-SURE
KEB Hana Bank
Sumitomo Mitsui Trust Bank
Standard Chartered Bank
Highlight-Mandate
- Advised SK Shipping on the sale and leaseback of two newbuilding LNGs with Bank of Communication Financial Leasing, which vessels were to be bareboat chartered to SK Shipping.
- Advised Korea Trade Insurance Corporation in connection with the financing of four vessels for First Omega Shipping Inc. with Banco Santander as mandated lead arranger.
- Advised Korea Trade Insurance Corporation in connection with the financing of one VLCC and three Suezmax new buildings for Euronav with DNB, ING Bank and Citibank as mandated lead arrangers.
DR & AJU LLC
DR & AJU LLC provides a wide range of professional services to resolve legal disputes regarding a range of shipping matters, including maritime incidents such as ship collisions, fires and sinking. The team collaborates with other practice groups, such as ESG advisory and serious accident advisory, to offer a well-rounded service. Sang Bong Lee heads the practice and is experienced in both domestic and international disputes regarding shipping and its related industries. Woo Rin Sung bolsters the practice with demonstrated expertise in maritime-related work.
Praxisleiter:
Sang Bong Lee
Weitere Kernanwälte:
Woo Rin Sung; Hee Kyung Jeong
Referenzen
‘Client-centric approach, experienced professionals, flexibility and agility.’
‘Woo Rin Sung possesses exceptional expertise and extensive experience in his field, particularly in shipping. Mr. Sung’s unique experience of seamen’s life has been invaluable in providing professional insights. His client-centric approach, prioritising understanding and addressing client needs, has been highly satisfactory for our company’s requirements. I would highly recommend him to anyone in need of expert legal services, especially in the shipping and vessel fields.’
‘Very service-minded, providing legal advice of high quality in due time.’
Kernmandanten
Yeosu Gwangyang Port Authority
Incheon Port Authority
Busan Port Authority
Ministry of Oceans and Fisheries, Government of the Republic of Korea
An Employee of Korea Water Resources Corporation
Daesan Regional Office of Oceans and Fisheries (Ministry of Oceans and Fisheries)
Administrator of Busan Regional Office of Oceans and Fisheries (Ministry of Oceans and Fisheries)
Buan-gun Office
Republic of Korea (Competent Authority: West Sea Fisheries Management Service)
Ulleung Heayang Haeun Co., Ltd.
Highlight-Mandate
- Advised Yeosu Gwangyang Port Authority on a dispute over water facility usage fees with Korea National Oil Corporation.
- Advised Incheon Port Authority on a dispute over mooring charges for water facility usage.
- Advised Busan Port Authority on a payment dispute arising from the termination of a shipbuilding project.
Jipyong LLC
Jipyong LLC is experienced in representing Korean domestic and international clients from the major sectors of the shipping industry, including shipowners, P&I clubs, shipyards, ship financiers and more. Choon Won Lee heads the team with extensive experience in litigation and arbitration related to the carriage of cargo, chartering, shipbuilding, and investigations and handling of maritime casualties, both domestically and internationally. Dahee Kim specialises in issues surrounding bill of lading, charterparty and shipbuilding disputes.
Praxisleiter:
Choon Won Lee
Weitere Kernanwälte:
Dahee Kim; Ji Won Lee; Sarah Kwon
Referenzen
‘They are incredibly hard-working, and they will always put themselves out to provide a return service when required. Also they have very good lawyers and are very commercial when required to be.’
‘I have worked with partner Choon Won Lee for over 15 years now. He is excellent and very easy to deal with. He is also an extremely able lawyer and tactician.’
‘Trustworthy. Quick and reliable services.’
Kernmandanten
Asiana Airlines Inc
HMM Company Limited
SK Shipping Co Ltd
Highlight-Mandate
- Advised and represented a Korean shipping company in a lawsuit against the developer/designer of a LNG cargo containment system.
Yoon & Yang LLC
Yoon & Yang LLC provides a full range of legal advisory and dispute settlement services on all types of maritime disputes and transactions for domestic and foreign ship caterers, P&I clubs, maritime insurance companies, government agencies and shippers of every type. Sang-Pil Lee heads the practice and has extensive experience in a wide variety of shipping and maritime matters, specialising in shipping-related dispute resolution. Elayne Heeseung Sung is a foreign attorney and holds extensive experience of advising financial institutions and businesses on cross-border transactions, with a focus on lease and transportation finance.
Praxisleiter:
Sang-Pil Lee
Weitere Kernanwälte:
Elayne Heeseung Sung; Chongsu Seo; Myung-Ahn Kim; David Lee
Referenzen
‘I believe that Elayne Heeseung Sung is one of the few lawyers capable of providing top-level legal advice in shipping financing in Korea. Her comprehensive advice from various angles instils confidence.’
Kernmandanten
Pan Ocean Co., Ltd.
H-LINE Shipping Co.,Ltd.
S-OIL Corporation
SK Shipping Co.,Ltd.
HeungKuk Fire & Marine Insurance Co.,Ltd.
HYUNDAI STEEL COMPANY
LOTTE GLOBAL LOGISTICS CO,. LTD
Korea Export Insurance Corporation
INTERGIS CO., LTD
PLANTEC Co.,Ltd
KDB
KOREAN AIR LINES CO.,LTD
K Shipbuilding Co., Ltd.
Highlight-Mandate
- Advised Hyundai Steel on a dispute involving additional freight costs claimed by Polaris Shipping and Hyundai Glovis due to a route change mandated by K-line to avoid war risks.
- Represented POSCO Plantec in a lawsuit against Hyundai Marine & Fire Insurance and Dongbang Co., Ltd for compensation and insurance payments after obsolete unloading equipment was damaged during transport.
- Represented SK Shipping in a product liability case against KOGAS for defects in LNG carriers’ containment systems, causing annual losses exceeding KRW 120bn.