South Korea > Shipping
Index of tables
Shipping boutique Choi & Kim is ‘one of the best’ in its field. It handles disputes such as bill of lading, oil pollution and charterparty cases, and provides insurance advice on marine hull and cargo policy. In 2012, the firm was active in charterparty disputes on behalf of Korea Line Corporation. Name partners JH Choi and CJ Kim are ‘very experienced’.
Kim & Chang’s six-partner, 18-fee-earner team is headed by Byung-Suk Chung. In 2012, the firm handled a number of marine casualty cases arising from collisions and fires, including crew claims and limitation proceedings. The firm also has also been acting for numerous creditors against companies such as Samho Shipping, Hyundai Samho Heavy Industries and Yanghai Shipping. The team’s expertise also includes disputes over offshore facilities and shipbuilding contracts, and extends to aviation and other areas of transport law.
Lee & Ko has a growing shipping law caseload, and recently represented Korea Line Corporation in several consolidated charterparty disputes involving 200 confirmatory proceedings with a combined value of $1.3bn. The firm also represented Orient Shipyard in a $21m arbitration. Jae Hwan Kim recently returned to the team after a period in the UK.
Cho, Yoon & Lee handles the full range of shipping work, including arrest of ships, litigation, and local enforcement of foreign judgements. It also advises underwriters on cargo recovery claims against Korean carriers. The group attracts praise for its ‘commendable work ethic’ and ‘in-depth knowledge’. The ‘experienced’ Hee-Joo Lee is recommended, as is Sung Keuk Cho; both give ‘concise advice’. The firm has close ties with Clyde & Co.
Kwon & Moon’s five-lawyer department is led by Kwang-Myeong Moon and Tae Il Kwon. It recently advised the Korean government on the aftermath of the Hebei Spirit oil spill, and other highlights included acting for Korea Line Corporation in rehabilitation proceedings for a group of creditors, including Mykonos Shipping and Golden Destiny.
Pusan Pacific Law Office’s Young Hwa Suhr is renowned for maritime litigation, acting for P&I clubs, stevedore companies, and freight forwarders. It regularly represents clients before the Korea Maritime Safety Tribunal.
Sechang & Co. provides ‘an excellent service’, and is particularly valued for Chapter 11 rehabilitation filings, usually acting on the foreign creditor side. Hae Yeon Song is ‘highly regarded within the Seoul shipping community’.
In 2012, Suh & Co saw the return of transnational maritime expert Myeung-Keun Lee. Managing partner Dong-Hee Suh is recommended for insurance-related shipping disputes.
Yoon & Yang LLC’s team is led by Hae Duk Jung. It advises on maritime disputes, and regularly handles transactions for domestic and foreign ship aircraft owners, ship charterers and maritime insurance companies. Highlights include representing Jinyang Shipping in a damages claim against Samsun Logix.
Yulchon’s highlights included advising Kookmin Bank, Korea
Finance Corporation and Bank of Communications on a $63m VLCC finance transaction for Sinokor, and advising Hanjin Shipping on an $80m financing. Hee Woong Yoon and Christopher Cho are the main contacts.
Aurora Law Offices is particularly active on the insurer side, and it also advises on collision and salvage claims. Hong Kyoung Kim is recommended.
Jipyong Jisung is ‘highly regarded by various shipping companies in Korea’, as its ‘knowledge of shipping law is excellent; it provides thoughtful input on both a legal and commercial level’. Choon-Won Lee is ‘extremely client-focused’, and associate Min Chung is ‘hardworking and able’.
Pusan International Law Offices’ six-lawyer team handles matters in foreign jurisdictions such as India, UAE, Panama, and Hong Kong. It recently acted for a Russian shipowner regarding several arrests in Korea.
Yoon & Partners typically acts for shipowners, in claims arising from rehabilitation proceedings.