Shipping: Finance | Asia-Pacific

Lee & Ko has a formidable shipping law team that has a standout position in South Korea for vessel financing. The finance team advises on new and second-hand ship acquisitions and other structured financing for a range of financial institutions, shipping companies and investors. The practice also takes on cases of collisions, sinkings and disputes over charter parties and cargo, as well as marine insurance claims and shipping-related logistics issues. The team also counsels on international sanctions avoidance matters. It counts Taiyoung Shipping, Hyundai LNG Shipping and the Japan P&I Club among its clientele.

Yulchon is a leading law firm in South Korea that frequently acts on complex financing and refinancing loans, as well as advising on corporate transactions in the shipping sphere such as investment, sale and leaseback, and restructuring matters. The firm regularly advises financiers, including banks and non-bank lenders, as well as borrowers. Clients benefit from the team's collaboration with other practice groups within the firm, including the tax department. Clients represented by the team include Korea Development Bank, Curious Partners and K-SURE.

Bae, Kim & Lee has an experienced legal team, frequently instructed on wet and dry disputes, with areas of focus ranging from charter party and shipbuilding disputes to collisions and cargo claims, advising cargo owners and marine insurers. The team also handles shipping finance work, such as advising domestic export credit agencies on long-term export policies. The practice is additionally noted for vessel arrests in South Korea and advises various shipping clients on general corporate law and day-to-day vessel operations. It also acts on vessel sale and purchase matters. Its key clients include DNV, HMM and Korea Line.

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. Its key clients include Korea Shipowners' Association, Samsung Heavy Industry and Korea Development Bank.

Shin & Kim has expertise in banking and finance legal matters in South Korea that relate to shipping. The firm represents major domestic clients, including Korean export credit agencies as well as other significant financial institutions, in relation to the construction and sale of vessels, drilling rigs and floating storage regasification units. It is able to advise on a diverse range of financing structures and investments as well as on capital markets and corporate transactions in this space. K-SURE, Hanwha Investment & Securities and KEXIM are examples of clients represented by the team.