About

Provided by Kim & Chang

The Maritime Practice of Kim & Chang is comprised of professionals, including Korean and foreign lawyers, with expertise in a complete spectrum of cross-border/multijurisdictional maritime law matters, including ocean policy, fisheries, port and marine leisure.


The Ship Finance Practice, with around 20 dedicated attorneys and specialists that are supported by a team of experienced paralegals, offers a practical, integrated, and multidisciplinary approach to ship finance transactions. Our firm provides a comprehensive solution to ship finance needs in various areas including, mergers and acquisitions, insolvency, regulatory issues on foreign exchange, tax, customs disputes on energy, and accounting issues of various domestic and foreign shipping and shipbuilding companies.


Key Services:

  • Marine Casualties
  • Dry Cases
  • Shipbuilding/Offshore Construction Disputes
  • Regulatory Issues in the Shipping Industry
  • Asset financing, including, loan, lease, share issuance, structured finance, and ECA Facility
  • Restructuring and merger and acquisition of domestic and foreign companies
  • Sale and purchase of new buildings and chartering of vessels
  • Incorporation of foreign SPCs, collective investment organizations, investment bodies/organizations, financing and tax issues
  • Foreign exchange law and regulations, tariffs, international sanctions and accounting practices
  • Litigation in ship finance transactions

Chambers Review

Provided by Chambers

Shipping - South Korea

1
Band 1

What the Team is Known For

Kim & Chang has a market-leading legal practice with excellent capabilities in financing and contentious maritime matters in South Korea. The team advises an impressive range of high-profile shipbuilders, P&I clubs and insurance companies. The practice's dispute capabilities encompass both wet and dry work, and its financing expertise covers new builds and loan transactions. It also assists with insolvency and enforcement actions. The firm is particularly noted for its handling of multi-jurisdictional issues.

Work Highlights

  • Kim & Chang represented a time charterer, Pan Ocean in a government investigation into the deaths of two subcontractor employees on board a vessel for a potential violation of the Punishment of Serious Accidents Act and the Occupational Safety and Health Act.

  • Kim & Chang advised a consortium of banks on a loan facility for Eukor Car Carriers to finance four 9,300-CEU class methanol dual-fuel class pure car and truck carriers and two 11,700-CEU class methanol dual fuel class pure car and truck carriers.

Strengths

Provided by Chambers

Notable Practitioners

Provided by Chambers

Byung-Suk Chung
S
Byung-Suk Chung
S
Senior Statespeople

Chung Byung-Suk is co-head of Kim & Chang's shipping practice. He covers a wide variety of wet and dry shipping disputes on behalf of P&I clubs, insurance companies and ship owners.

He provides high-level services and suggests response measures as an industry-leading expert.

Jin Hong Lee
S
Jin Hong Lee
S
Senior Statespeople

Lee Jin Hong is an experienced maritime lawyer in South Korea. He is highly experienced in shipping insurance matters, including wet and dry disputes.

Hi Sun Yoon
E
Hi Sun Yoon
E
Eminent Practitioners

Yoon Hi Sun is co-head of Kim & Chang's shipping group. He is renowned for his ship financing expertise and is regularly involved in high-value finance transactions on behalf of Korean and international lenders.

He provides the best legal advice based on his diverse experience and work history in the shipping industry.

He has long experience and diverse knowledge.

Chul-Won LEE
1
Chul-Won LEE
1
Band 1
Lee Chul-Won has extensive experience handling shipbuilding, charter party and bill of lading disputes in the Korean market. He is adept at acting for shipbuilders and P&I clubs.

He analyses complex issues in a fairly short time and provides the highest level of service.

As one of the best maritime lawyers in the country, he sharply analyses even the most complex issues and presents solutions.

Jae Bok LEE
3
Jae Bok LEE
3
Band 3

Lee Jae-Bok has great expertise in contentious and financing matters in shipping. Drawing on his previous experience at a P&I club, he competently provides counsel in shipping insurance cases. He is also UK qualified.

Joon Hwan Park
3
Joon Hwan Park
3
Band 3

Park Joon Hwan is well recognised in the market, particularly for his offshore wind related regulatory and administrative law expertise including permit and licensing work. He is also adept at responding to maritime accidents including representation of clients under investigation by government agencies.

Min Chul Kim
U
Min Chul Kim
U
Up and Coming

Kim Min Chul is a longstanding member of Kim & Chang's finance team, working on a broad range of matters in shipping finance, M&A and foreign direct investment.

He is meticulous, reliable and responsible in his work.

Sang-Hyup Lee
U
Sang-Hyup Lee
U
Up and Coming

Lee Sang-Hyup is well recognised for his thorough and commercially minded advice. He is particularly well-versed in contentious cases including government investigations into maritime accidents like collision, sinking or casualty cases.

He is skilled and works hard in shipping. He also has a strong academic background.

He handles cases with complex issues in a reasonable way through in-depth analysis. He also has an excellent commercial mind, making him very easy to work with.

Ranked Lawyers at
Kim & Chang

Provided by Chambers
Filter by
Band

South Korea

Shipping

Byung-Suk Chung
S
Byung-Suk Chung
S
Senior Statespeople
Jin Hong Lee
S
Jin Hong Lee
S
Senior Statespeople
Chul-Won LEE
1
Chul-Won LEE
1
Band 1
Jae Bok LEE
3
Jae Bok LEE
3
Band 3
Joon Hwan Park
3
Joon Hwan Park
3
Band 3
Sang-Hyup Lee
U
Sang-Hyup Lee
U
Up and Coming
Shipping: Finance

Hi Sun Yoon
E
Hi Sun Yoon
E
Eminent Practitioners
Min Chul Kim
U
Min Chul Kim
U
Up and Coming