Shipping: local firms in South Korea

Kim & Chang

Excelling in both wet and dry shipping work, the diverse team at Kim & Chang advises on major marine casualties and insolvency, as well as charterparty and shipbuilding contract disputes. The department is helmed by the capable duo of Byung-Suk Chung and Chul-Won Lee. Chung is a name to note for arbitration and litigation relating to shipping, and Lee's experience extends to maritime and environmental casualties, charterparty and shipbuilding disputes. Sang-Hyup Lee acts in investigations and litigation relating to both dry and wet issues, while Jae-Bok Lee is equipped to handle work in both the contentious and transactional spheres, handling charterparty disputes, cargo claims and marine insurance matters. Na-Rae Kim is also noted.

Praxisleiter:

Byung-Suk Chung; Chul-Won Lee


Weitere Kernanwälte:

Sang-Hyup Lee; Jae-Bok Lee; Na-Rae Kim


Referenzen

‘Kim & Chang’s Shipping Team is unique among domestic law firms in that it provides full services across the entire maritime sector, including shipping.’

‘The attorneys in the Shipping Team possess in-depth knowledge of shipping and have specialised expertise in various related fields, such as insurance, port operations, and industrial safety and health. Furthermore, the team includes former officials from organisations such as the Coast Guard and the Navy, who contribute their expertise as well.’

‚Sang-Hyup Lee works for clients with dedication and sincerity, and is highly regarded for his ability to provide practical solutions based on his deep understanding of the shipping industry.’

Kernmandanten

Pan Ocean Co.,LTD


seaworld express ferry.co.ltd


Korea P&I Club


NorthStandard Limited


Ambatovy / Dynatec Madagascar, S. A.


HMM (Hyundai Merchant Marine) CO.,LTD


Dongryun Logistics Co., Ltd.


Greenwich Shipping S.A. / West of England (Hellas) Limited


Inficess shipping co,.ltd


H-LINE Shipping Co.,Ltd.


Highlight-Mandate


  • Representing a client in two consecutive worker death investigations from January 2025, handling inquiries from the Korea Coast Guard and the Ministry of Employment and Labor regarding potential violations of the Punishment of Serious Accidents Act and the Occupational Safety and Health Act.
  • Successfully assisted a major Korean ferry operator in obtaining government approval to use a larger RO-RO vessel, which had been initially denied.
  • Representing a client in a KCAB arbitration, defending against a buyer’s counterclaim for alleged defects and rust in a chemical tanker’s cargo hold, arguing that the vessel was in good condition at the time of sales contract, and that the client is not liable under the contract or Korean Civil Code.

Lee & Ko

Consisting of a shipping and logistics team and a ship financing team, Lee & Ko maintains an active practice in the maritime space. The firm has a notable track record in traditional shipping matters, while also expanding its practice to connected industries. Yun-Jeong Seo leads the ship finance team and has established an impressive client roster of Korean shipping companies. Yang-Ho Yoon oversees the shipping team, acting in the major shipping cases the firm receives and exceling in marine insurance and charterparty disputes. Jin-Young Jung remains a key contact for traditional maritime matters, ship sale and purchase, and disputes. Young-Jae Park is a key advisor on wet shipping cases.

Praxisleiter:

Yang Ho Yoon; Yun Jeong Seo


Weitere Kernanwälte:

Jin-Young Jung; Young-Jae Park


Referenzen

‘Lee & Ko is one of Korea’s leading law firms, distinguished by its robust and highly experienced maritime practice. The team is well-equipped to handle a wide range of cases, offering clients comprehensive legal services across various matters.’

‘In particular, their expertise in shipping-related disputes enables them to effectively manage all types of contentious issues in this field. As a client, I value their ability to provide thorough and reliable support, which sets them apart from other firms.’

‘Mr. Young-Jae Park is an outstanding attorney whom I consistently recommend when asked to introduce a highly competent lawyer in Korea. He possesses extensive knowledge and experience across a broad spectrum of shipping-related matters and consistently provides concise, insightful, and practical legal advice.’

Kernmandanten

HYDOR AS


Japan P & I Club


HMM Corporation Limited


Pan Ocean Co., Ltd.


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.


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


Waibert Steamship Company Ltd.


Posco Flow Co., Ltd


BOIM Corporation


ANHISA LLC


Dongwon Global Terminal Busan


Sinokor Merchant Marine Co., Ltd


Corio Generation Korea Limited Liability Company


Junyi Shipping Ptd. Ltd


Posco Engineering & Construction


Seahorse Marine & Energy Joint Stock Company


Jin Air


Cainiao Logistics Company


Hanwha Engine Co., Ltd.


CDC Vietnam Energy Joint Stock Company


Highlight-Mandate


  • Assisted Corio Generation following a conditional approval from the Ministry of Oceans and Fisheries on development of an offshore wind farm due to non-compliance with the required safety clearance distance from nearby shipping routes.
  • Provided the Ministry of Justice with comprehensive legal advice on issues including potential liability of the state, airport authority, and aircraft manufacturer, the possibility of recourse claims, relevant U.S. jurisdictional law, and insurance coverage, following the tragic aircraft incident on 29 December 2024 at Muan International Airport.
  • Advised Standard Chartered Bank (Hong Kong) in relation to the financing of nine second-hand bulk carriers for HMM Co., Ltd. in the aggregate amount of $150,750,000.

Bae, Kim & Lee LLC

Bae, Kim & Lee LLC’s maritime practice group has vast experience as well as ‘comprehensive understanding of the maritime and transportation industries’, enabling it to cover charterparty contracts, wet work, shipbuilding disputes and P&I Club matters. The practice group is co-led by experienced partners Sung Won Park, who specialises in disputes involving maritime accidents and bills of lading, and Yoon Jeong Park, a dual-qualified practitioner in England and Wales and New York who, in addition to a contentious and non-contentious practice, is noted for her representation of shipowners in London arbitrations and English court proceedings. Joon Sung Kim is engaged on contract of carriage and charterparty disputes and marine insurance issues. Jae Hee Kim is also a key name.

Praxisleiter:

Sung Won Park; Yoon Jeong Park


Weitere Kernanwälte:

Joon Sung Kim; Jae Hee Kim; Minji Woo


Referenzen

‘BKL possesses a team of highly specialised professionals, with extensive experience in a wide range of cases in closely related fields, including maritime law, insurance, and international transactions, as well as a comprehensive understanding of the maritime and transportation industries.’

‘BKL handles a wide range of litigation matters, including traditional areas such as managing and resolving related disputes regarding transportation and charter contracts, resolving various disputes related to bills of lading and waybills, and handling maritime accidents involving ships, offshore structures, and port facilities.’

‘Client-centric.’

Kernmandanten

HMM Co., Ltd


H-LINE Shipping


SM Line


Korea Line Corporation


HD Korea Shipbuilding & Offshore Engineering


HD Hyundai Marine Solution


Samsung SDS


POSCO Flow


POSCO International


Korea Development Bank (KDB)


The Export-Import Bank of Korea


Korea Gas Corporation


DNV


Fugro Singapore Marine Pte Ltd


Tan Binh Co Ltd


UK P&I Club


West of England P&I Club


Highlight-Mandate


  • Advised POSCO group companies in relation to the hijacking of MV Ruen by Somali pirates and hijacks in the Red Sea.
  • Advised the shipowner/P&I Club of Tan Binh 127 in Korean limitation proceedings, successfully limiting liability and protecting against foreign claims following the vessel’s sinking near Myanmar.
  • Acted as counsel for HMM Co., Ltd in relation to its ship-financing deals, involving ship-financing of nine 9,000 TEU methanol powered ships as well as its second-hand seven dry-bulk ships and five 5,000 TEU container vessels and container re-financing.

Kwon & Co

A hallmark of Kwon & Co‘s department is its broad shipping and marine insurance coverage, as well as its active wet and dry maritime practice, where the team is particularly active in rehabilitation and bankruptcy cases. Department head Taeil Kwon maintains a varied stream of work, most notably in casualty cases, charterparty disputes and bankruptcy proceedings. Suyeon Jeong has a particular interest in crew concerns in vessel collisions, maritime insurance, and the Korean Seafarers’ Act. Ein Han is a crucial supporting presence on numerous shipping matters and international arbitration cases.

Praxisleiter:

Tae Il Kwon


Weitere Kernanwälte:

Suyeon Jeong; Ein Han


Referenzen

‘Within the law firm, the representative lawyer Tae Il Kwon and senior partner lawyer Suyeon Jeong possess a deep understanding of disputes and consistently offer the most effective and efficient strategies.’

‚We are satisfied with their work and in-depth understanding of the shipping business. Kwon & Co is keen to match clients‘ needs, especially when it comes to urgent requests for legal advice. Their billing is also very reasonable.’

‘The founding partner, Mr. Tae Il Kwon, successfully leads the team consisting of female lawyers, which is not usual in the shipping industry, which is a masculine culture. This firm is famous for its strong ethics in billing practice, by which all its clients have every confidence in the firm’s ethics and professionalism as well.’

Kernmandanten

SITC Shipping Co., Ltd.


The Swedish Club


The American Club


Gard P&I Ltd.


Hyundai Marine & Fire Insurance Co., Ltd.


NorthStandard Limited


Total Energies Trading Asia Pte., Ltd.


HMM PSA New Port Terminal Co., Ltd.


Korea Shipping Association


HMM Co., Ltd.


The London P&I Club


The Japan Ship Owners’ Mutual Protection & Indemnity Association


SK Shipping Co., Ltd.


Assuranceforeningen Skuld


Hyundai Glovis Co., Ltd.


Pan Ocean Co., Ltd.


DB Insurance Co., Ltd.


Nordisk Skibsrederforening (Nordisk Defence Club)


West of England Insurance Services (Luxembourg) SA


EUKOR Car Carriers Co., Ltd.


Campbell Johnston Clark Solicitors


SITC Shipping Co., Ltd.


The Swedish Club


The American Club


Gard P&I Ltd.


Hyundai Marine & Fire Insurance Co., Ltd.


NorthStandard Limited


Total Energies Trading Asia Pte., Ltd.


HMM PSA New Port Terminal Co., Ltd.


Korea Shipping Association


HMM Co., Ltd.


The London P&I Club


The Japan Ship Owners’ Mutual Protection & Indemnity Association


SK Shipping Co., Ltd.


Assuranceforeningen Skuld


Hyundai Glovis Co., Ltd.


Pan Ocean Co., Ltd.


DB Insurance Co., Ltd.


Nordisk Skibsrederforening (Nordisk Defence Club)


West of England Insurance Services (Luxembourg) SA


EUKOR Car Carriers Co., Ltd.


Campbell Johnston Clark Solicitors


Sechang & Co.

Sechang & Co. is a popular choice for major domestic and international shipping companies and P&I clubs seeking assistance with damage recovery claims. Practice head Hyun Kim is an industry veteran, having developed in-depth knowledge of a breadth of maritime matters over the course of his practice, and has been a key advisor to Samsung SDS and the Korea Ministry of Maritime Affairs & Fisheries. Thomas Kim and Young Hwan Ahn are also noted for their crucial support on the firm's key mandates, including on demurrage and liquidation proceedings.

Praxisleiter:

Dr. Hyun Kim


Weitere Kernanwälte:

Thomas Kim; Young Hwan Ahn


Referenzen

‚Sechang are responsive and helpful and have often assisted on an urgent basis, turning around submissions on very short notice.’

‘Jintae Joo – efficient, knowledgable and hands on. Hyun Kim -extremely well versed in Korean law and prompt in his response time.’

‘I deal predominantly with Thomas Kim and Jin Tae Joo, both of whom are very helpful and excellent at providing the information that I need in a timely manner. ’

Kernmandanten

Samsung SDS


Kuehne & Nagel


Pan Ocean Co., Ltd.


Heung-A Shipping


Hyundai Marine & Fire Insurance


Bernhard Schulte


North of England


MOL (Mitsui O.S.K. Lines) Korea


HDI Sigorta


KSS Line


Pan Continental Shipping Co. (PanCon)


Korea Shipping Association (KSA)


Korea Ministry of Maritime Affairs & Fisheries (MOF)


Korea Freight Forwarders Association (KIFFA)


Korea Marine Environment Corporation (KOEM)


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


Samsung SDS


Kuehne & Nagel


Pan Ocean Co., Ltd.


Heung-A Shipping


Hyundai Marine & Fire Insurance


Bernhard Schulte


North of England


MOL (Mitsui O.S.K. Lines) Korea


HDI Sigorta


KSS Line


Pan Continental Shipping Co. (PanCon)


Korea Shipping Association (KSA)


Korea Ministry of Maritime Affairs & Fisheries (MOF)


Korea Freight Forwarders Association (KIFFA)


Korea Marine Environment Corporation (KOEM)


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 obtaining a landmark victory for the client as claimant in a Korea Commercial Arbitration Board (KCAB) arbitration against another Samsung affiliate.
  • Successfully representing KOEM (Korea Marine Environment Management Corp) in the district court and appeals court in litigation where local gravel collectors using exclusive economic zones (EEZ) to collect gravel demanded KOEM to reduce fees for the use of EEZs for gravel collection.
  • Representing global container lessors against Hanjin Shipping in Chapter 7 liquidation proceedings, and previously under Chapter 11 rehabilitation proceedings.

Moon & Song

Moon & Song is home to an experienced shipping team with extensive experience across collision cases, rehabilitation and cargo claims, among other areas. The firm advises leading P&I clubs, insurers, shipowners and charterers on contentious and non-contentious maritime matters. Founding partner Kwang-Myeong Moon has established experience in shipping, insurance, insolvency and international litigation. Sang Hwa Lee receives a varied stream of work, including ship collision, ship sale and purchase, and crew injury claims, while Hun Song specialises in cross-border insolvency and a variety of wet maritime issues.

Praxisleiter:

Kwang Myeong Moon


Weitere Kernanwälte:

Sang Hwa Lee; Hun Song


Referenzen

‘We choose to continue working with Moon & Song, including their key seniors and also with their highly talented associate attorneys, as they are a highly reputable and most reliable law firm well known for their expertise in shipping and for their readiness 24/7 to provide timely and comprehensive legal service to the global shipping community supporting and aiming to obtain the best resolution for clients worldwide cost effectively.’

‘We are most satisfied with the exceptional legal service provided by Moon & Song, as they most importantly concentrate on what the client is requesting and expecting.‘

‘Kwang Myeong Moon (Founding and Managing Partner): Through abundant experience of more than 26 years in all types of maritime cases, he is one of the most recognised lawyers in the Korean shipping market. He provides clients with precise and insightful advice, and he has an excellent skill to resolve complicated situations that clients are faced with.’ 

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 in disputes arising from the declaration of General Average of MV Darya Shanti which had engine propulsion problems while departing from a Canadian port for the matter of GA contribution, recourse claims against the vessel owners and a claim against the cargo insurer.
  • Assisting HMM Co., Ltd. concerning the damage claim due to the incorrect setting of the temperature of a refrigerated container.
  • Assisting Samjoo Shipping concerning a fire accident on a car carrier, MV AH SHIN (claim amount around $20,000,000).

Yulchon

Yulchon offers expertise in shipping, banking and finance, with experience in contentious and non-contentious shipping matters and particular knowledge of ship finance. The practice is co-led by Young Su Shin and Jae Hyun Park, who both demonstrate expertise in finance. The ‘experiencedChristopher JoonTae Cho brings financing acumen, positioning him as a key advisor on ship financing. Sung Keun Park acts for financial institutions, private equity funds and corporations in cross-border transactions, and Geen Kim concentrates on alternative investments.

Praxisleiter:

Young Su Shin; Jae Hyun Park


Weitere Kernanwälte:

Christopher JoonTae Cho; Sung Keun Park; Geen Kim


Referenzen

‘Vastly experienced team, efficient and commercially minded.’

‘Christopher JoonTae Cho is a very experienced partner.’

Kernmandanten

KEXIM (Export-Import Bank of Korea)


Orion Capital Management


Korea Development Bank


KDB Infrastructure Investments Asset Management Co., Ltd.


Societe Generale


Oversea-Chinese Banking Corporation Limited


Standard Chartered Bank (Hong Kong) Limited


Korea Ocean Business Corporation (“KOBC”)


Aviation Industry Corporation of China (“AVIC”)


Citibank, N.A.


Highlight-Mandate


  • Advised KEXIM in connection with the financing programme of twenty five LNG carrier vessels to be built at Hanwha Ocean and HD Hyundai Mipo and operated by Qatar Gas Transport Company (Nakilat)
  • Advised The Korea Development Bank as senior lender in connection with the financing of two 2324,966 DWT very large ore carriers for Wooyang Shipping.
  • Advised KOBC in connection with the refinancing of four 300,000 DWT VLCCs to be chartered to Hyundai Glovis.

DR & AJU LLC

Noted by clients for its ‘deep industry knowledge, practical problem-solving approach and exceptional client service’, DR & AJU LLC handles a wide array of matters in the shipping industry, particularly disputes on both wet and dry issues. Practice head Sang Bong Lee has a demonstrable track record advising clients in the shipping and shipbuilding sectors on both contentious and non-contentious matters. With a background as a navigator, Woorin Sung is a name to note for cases involving maritime accidents.

Praxisleiter:

Sang Bong Lee


Weitere Kernanwälte:

Woorin Sung


Referenzen

‚The Shipping practice at DR & AJU LLC stands out for its deep industry knowledge, practical problem-solving approach, and exceptional client service. The team has extensive experience handling both contentious and non-contentious matters, ranging from high-value charter party disputes to complex vessel transactions, and is well-versed in both domestic regulations and international maritime law.‘

‚The individuals I work with at DR & AJU LLC are outstanding in both their legal acumen and their unwavering dedication to client success. They stand out in the market for their ability to integrate deep technical expertise with a commercially pragmatic approach, consistently delivering advice that is not only legally robust but also strategically effective. Partner WOORIN-SUNG is a prominent figure in the shipping sector, widely respected for his exceptional negotiation skills, comprehensive knowledge of maritime regulations, and outstanding ability to resolve complex disputes with calm authority and decisive action. Associate HEEKYUNG-JUNG brings an impressive combination of meticulous attention to detail and proactive problem-solving skills. She is highly responsive, communicates with clarity, and often anticipates client needs before they are even expressed.‘

Kernmandanten

Yeosu Gwangyang Port Authority


Incheon Port Authority


Busan Port Authority


Ministry of Oceans and Fisheries


An Employee of Korea Water Resources Corporation


Daesan Regional Office of Oceans and Fisheries


West Sea Fisheries Management Service


Ulleung Heayang Haeun Co., Ltd.


Global Marine Financing Co., Ltd. (Turtle Ship No. 8 Ship Investment Company)


Korea Shipping Association


CEVA Logistics Korea INC.


Leschaco Korea 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 due to causes attributable to the counterparty.

Jipyong LLC

Jipyong LLC is adept at advising its broad client roster, comprised of shipowners, P&I clubs, shipyards, ship financiers and traders, particularly on bill of lading, collisions, charterparty and COA disputes. Choon Won Lee steers the practice and is a seasoned advisor on litigation and arbitration relating to carriage of cargo, chartering, shipbuilding and maritime casualties. Dahee Kim specialises in bill of lading and charterparty issues, as well as in shipbuilding disputes.

Praxisleiter:

Choon Won Lee


Weitere Kernanwälte:

Dahee Kim


Referenzen

‘Jipyong’s shipping team goes beyond simply providing legal advice. What makes them truly unique is their deep understanding of the complex business environment and latest trends in the shipping industry, allowing them to provide practical, real-world solutions.’

‘Jipyong is ambitious in developing its international practice and tends to be more responsive and competitively priced than the larger firms. For shipping matters, I have always recommended Mr Choon Won Lee, Head of Jipyong’s Shipping Practice.’

‘Choon Won Lee is reliable and trustworthy. He is also quite responsive and competitively priced.’

Highlight-Mandate


Yoon & Yang LLC

Yoon & Yang LLC provides domestic and foreign ship charterers, P&I clubs, maritime insurance companies, government agencies and freight forwarders with advisory and dispute settlement services. With a diverse shipping and maritime practice, Sang-Pil Lee heads the department and is noted for his work in dispute resolution relating to shipping issues.

Praxisleiter:

Sang-Pil Lee


Referenzen

‚They are one of the largest law firms in the country and have significant resources for defending cases in Korean courts.‘

Kernmandanten

E1 Corporation


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


E1 Corporation


KOREAN AIR LINES CO.,LTD


K Shipbuilding Co., Ltd.


Highlight-Mandate


  • Successfully represented SK Shipping in an arbitration filed by KOGAS seeking KRW 15 billion in damages or restitution over allegedly miscalculated LNG freight charges.
  • Representing Yunsung F&C in a damages lawsuit against Busan Port Authority over the overturning of cargo prior to loading, which damaged InnoMixer equipment bound for the US.